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Hawkins, Inc. Expands Water Treatment Footprint with Acquisition of PhillTech, LLC

1. HWKN acquires PhillTech to strengthen water treatment business. 2. The acquisition expands coagulants and corrosion control product offerings. 3. Hawkins CEO emphasizes growth potential from established relationship with PhillTech. 4. HWKN generated $974 million in revenue in fiscal 2025. 5. Company operates 64 facilities across 28 states, focusing on customer service.

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FAQ

Why Bullish?

The acquisition signals growth potential and solidifies HWKN's market position historically aligned with positive stock performance post-acquisition.

How important is it?

The acquisition strategy aligns with HWKN's core business, suggesting robust future growth and stability, which could attract investor interest.

Why Long Term?

Strategic acquisitions typically yield benefits over time, as evidenced by past industry acquisitions that improved market share and revenue over the medium to long term.

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PHLLXYLOMIECL
July 01, 2025 09:05 ET  | Source: Hawkins, Inc. ROSEVILLE, Minn., July 01, 2025 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN), a leading water treatment and specialty ingredients company, has completed the acquisition of PhillTech, LLC. PhillTech, located in Alabama, manufactures and distributes coagulants and corrosion control products for its water treatment customers. “As we continue to execute on our strategy to grow our water treatment business, we believe this tuck-in acquisition will help solidify and grow our production of coagulants and corrosion control products and further improve our position in this market. We have known PhillTech for many years and have built a solid working relationship with their team, having been a strategic partner for us in this space. I would like to welcome the PhillTech team to the Hawkins organization and look forward to our continued growth together,” said Hawkins Chief Executive Officer Patrick H. Hawkins. About Hawkins, Inc. Hawkins, Inc. was founded in 1938 and is a leading water treatment and specialty ingredients company that formulates, manufactures, distributes and blends products for its Water Treatment, Food & Health Sciences and Industrial Solutions customers. Headquartered in Roseville, Minnesota, the Company has 64 facilities in 28 states and creates value for its customers through superb customer service and support, quality products and personalized applications. Hawkins, Inc. generated $974 million of revenue in fiscal 2025 and has approximately 1,100 employees. For more information, including registering to receive email alerts, please visit www.hawkinsinc.com/investors. Contact:         Jeffrey P. Oldenkamp        Executive Vice President and Chief Financial Officer612/331-6910                ir@hawkinsinc.com

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