Both Pilot and Mason are successful companies built by their respective founders’ families over many decades, according to Paul Morrisroe, chairman and CEO of Pilot Chemical Company.
“The Pilot and Mason product lines are complementary and will allow us to build on synergies between the two companies,” Morrisroe said. “Customers of both companies will be better served through a more complete and expanded global product offering from Pilot.”
Financial terms of the agreement were not disclosed.
Founded in 1952, Pilot is an industry leader in chemical innovation and safety,owns the most state-of-the-art continuous sulfation process in North America and is the world’s largest manufacturer of disulfonates.
Founded in 1968, Mason Chemical Company is a leader in the development, registration and sale of quaternary ammonium compounds and related chemistries. The acquisition enhances Pilot Chemical’s household, industrial and institutional, personal care and oil and gas product portfolios, strengthening its offering by adding registered and non-registered biocidal quats and tertiary amine derivatives.
Mason and Pilot share a strong history of innovation in the chemical industry, according to Gregg Mason, owner of Mason Chemical Company.
“Having both of our product lines available from one source makes strategic sense,” Mason said. “Together we can leverage our combined technologies, offering new solutions to our combined global customer base.”
Pam Butcher, president and COO of Pilot Chemical Company, said Pilot’s goal is to be a leading provider of chemistry-based solutions.
“Acquiring Mason Chemical illustrates our commitment to providing a broader product portfolio, new technology and applications expertise to better serve our customers,” Butcher said.