May 15, 2015 admin

Marx Group Advisors Assists with CRC Industries Acquisition of ChemFree Corporation

CRC Industries, Inc. (CRC) a global leader in the production of specialty chemicals for maintenance, repair and operational professionals and do-it-yourselfers within the automotive, heavy duty truck, marine, electrical, industrial, hardware and aviation markets recently acquired ChemFree Corporation, a subsidiary of Intelligent Systems Corporation.

The sale was finalized on March 31, 2015 and was facilitated by Marx Group Advisors (MGA).

ChemFree manufactures the SmartWasher® Bio Remediating Parts Washing System, providing an alternative method for cleaning vehicle and maintenance parts without harming humans or the environment.  The SmartWasher® system consists of the SmartWasher® parts washer, OzzyJuice® Degreasing Solutions and OzzyMats™ which are microbe impregnated filters.  The ChemFree Smartwasher® product line is distributed in more than 40 countries and marketed under multiple patents. The ChemFree manufacturing, sales, customer service, distribution and administration offices will remain headquartered in Norcross, Ga.

The SmartWasher® system eliminates or dramatically reduces waste streams, as well as the expense of hazardous waste removal and associated liabilities.  Combining the ChemFree product line and CRC’s broad specialty chemical platform will create superior performance and enhanced environmental responsibility, as well as new product growth opportunities.