Shrieve Chemical Company, a Texas-based subsidiary of Gemspring Capital, has acquired Aberdeen manufacturer and distributor FIS Chemicals.

Founded in 1980, FIS works across a range of industrial sectors, including oil and gas, renewables, marine, hospitality, and logistics.

The acquisition expands Shrieve’s product portfolio and deepens its presence in key end markets. Terms of the transaction were not disclosed.

Together, the companies say they are well positioned to enhance global capabilities, broaden the combined portfolio, and strengthen relationships across a diverse set of industries.

Joey Gullion, chief executive at Shrieve, said: “This combination expands our capabilities and deepens our relationships with customers across key industrial end markets.

“By bringing these teams together, we are better positioned to serve our customers and suppliers while continuing to build on the strong relationships we have established.

“We look forward to partnering with the FIS team as we execute on Shrieve’s long-term growth strategy.”

Kenny Woods, chief executive at FIS, said: “We are proud of the business we have built at FIS and are excited to join the Shrieve platform.

“Our shared commitment to delivering value for customers makes this a strong strategic fit, and Shrieve’s complementary product portfolio, global reach, and operational resources will further enhance our capabilities while preserving the customer relationships and technical expertise that define FIS.

“I look forward to continuing to lead the FIS team as part of the combined organisation.”