Cleanzine: your weekly cleaning and hygiene industry newsletter 16th January 2025 Issue no. 1145

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Paladin Holdings acquires industrial and commercial cleaning chemicals manufacturer, Texize

Paladin Holdings, a portfolio company of Makai Capital Partners, has acquired Texize, of Greenville, South Carolina, US. Texize is a leading regional manufacturer of industrial and commercial soaps, detergents, and other associated cleaning products.

The Texize Chemical Company incorporated in 1946 and produced both industrial and household cleaning products for nationwide distribution.

In 1986, the Dow Chemical Company acquired the Texize consumer products division and since then, Texize has focused on producing industrial grade cleaning products and chemicals used in a variety of industrial production processes. The Texize brand awareness and reputation for a commitment to quality remains very strong throughout the Southeast US.

"We are very pleased to welcome Texize to the Paladin Holdings portfolio," says Andrew Fulford, managing partner of Makai Capital Partners. "Texize has strong brand equity and a customer loyalty that make it an ideal fit for our market positioning and portfolio strategy."

Steve Gilliam, former owner of Texize, says: "I am excited to see this next phase for Texize.

"Texize is well respected throughout our markets and, with the additional resources from Paladin Holdings, I believe it will strengthen its product offerings and increase production capacity to reach more customers."

www.makaicapitalpartners.com | www.texize.com

14th December 2023