Global speciality chemical manufacturer Croda, announces the acquisition of JD Horizons Limited, a UK based business specialising in ‘Solutions for Flow Assurance’ technology.
Founded in 1999 JD Horizons is today recognised as a market leader in additive technologies for flow assurance applications for international oil markets supplied under the FlowSolveTM trademark. Croda’s purchase of the trade and assets of the business strengthens its position in oilfield and refinery process chemicals and reinforces its commitment to supplying speciality additives to the oil and gas industry from production through to refinery.
Using Croda’s well-established, global sales, marketing and manufacturing expertise will ensure that existing and new customers of these products will benefit from optimised performance, global technical support and reliable high standards delivered at a local level.
Rick Hanson, Global Managing Director, of Croda Oil & Gas, said: “This is a key strategic acquisition for our oil and gas business as it explores emerging and new markets, which will further build upon our global reach to meet our high growth expectations.”
“This deal represents a breakthrough moment for the FlowSolve business”, comments Dr Jack Dunlop, Founder and Managing Director of JD Horizons. “I cannot imagine a more suitable home for our business and look forward to working with the Croda Oil & Gas business team”.
About JD Horizons
JD Horizons was founded in 1999 by Dr Jack Dunlop as a new business venture in speciality chemicals for international oil industry markets. Today JD Horizons primary business activity is centred on the development and marketing of proprietary additive technology for oil industry markets, particularly oilfield chemicals and flow assurance applications, marketed under the FlowSolve trademark.