What Perimeter Solutions does

Perimeter Solutions is a publicly traded (NYSE: PRM) chemical-solutions provider headquartered in Clayton, Missouri, focused on fire-management products for industrial, commercial, and government customers. The company's Fire Safety segment manufactures long-term fire retardants (PHOS-CHEK, FIRE-TROL, BIOGEMA brands) and firefighting foam concentrates (SOLBERG, AUXQUIMIA), including the industry-leading portfolio of fluorine-free foams — SOLBERG RE-HEALING, SOLBERG SPARTAN, and SOLBERG EVOLUTION. The Specialty Products segment produces phosphorus pentasulfide (P2S5) used in the manufacture of ZDDP lubricant additives. Perimeter is the sole supplier of aerially deployed fire-retardant chemicals qualified by the USDA Forest Service, holds a five-year USDA agreement (renewed 2025), and recently won a $500 million Defense Logistics Agency contract.

The company sells primarily through direct enterprise field sales teams operating out of regional offices in the US, Canada, France, Spain, Germany, and Australia, with 24/7 emergency response hotlines supporting live wildfire and industrial fire incidents. Pricing is quote-based and structured around multi-year government and industrial contracts, with an ongoing transition from volume-based to fixed, recurring contracts. Customers include the USDA Forest Service, CalFire, the Department of Defense, industrial and municipal fire departments, oil & gas operators, and (post-acquisition) medical device OEMs and CDMOs. Major certifications include FM 5130, UL 162, ICAO Level B/C, EN 1568, MIL-SPEC, BSS 7432, ISO 9001:2015, and ISO 14001:2015.

In January 2026, Perimeter completed a $685 million cash acquisition of Medical Manufacturing Technologies (MMT) from Arcline Investment Management, financed in part by a $550 million senior secured notes offering at 6.250% due 2034. MMT adds approximately $140 million of annual revenue and $50 million of Adjusted EBITDA from engineered machines, consumables, and services for catheter and guidewire production, materially diversifying the revenue base into medical device manufacturing equipment. Full-year 2025 revenue was $652.9 million (16% YoY) with Adjusted EBITDA of $331.7 million (18% YoY); the company had a market capitalization of approximately $5.83 billion as of June 2026.

Name

Perimeter Solutions

Legal name

Perimeter Solutions

Website

https://perimeter-solutions.com

Company type

Public

Founded year

1963

Operating status

Operating

Headcount range

1–10 employees

Short description

Perimeter Solutions is a publicly traded (NYSE: PRM) chemical-solutions provider of fire-management products — long-term retardants, fluorine-free foam concentrates, and firefighting equipment — sold to government agencies and industrial customers. Post-January 2026, it also manufactures medical device production equipment via its $685M MMT acquisition.

Ownership category

akta.pro rank

Product category

Fire Safety Chemicals and Specialty Products

NAICS

Medical Equipment and Supplies Manufacturing (3391)

akta.pro primary industry

Medical & Life Sciences Injection Molding (Devices, Diagnostics, Cleanroom) (IMANAFAC)

akta.pro secondary industry

Medical & Food-Contact Specialty Compounds (IMANABAK)

Keywords

• Fire retardant chemicals
• Firefighting foam concentrates
• Wildfire suppression products
• Specialty lubricant additives
• Medical device manufacturing equipment

Headquarters

HQ city

St Louis

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Fire Safety Products: Perimeter Solutions generates revenue from manufacturing and selling firefighting foam concentrates, long-term fire retardants, and firefighting equipment. Revenue has grown 16% year-over-year with strong cash flows. The company is transitioning fire safety contracts from volume-based to fixed, recurring structures.
2. Specialty Products (Oil Additives): Revenue from P2S5 (phosphorus pentasulfide) and ZDDP (zinc dialkyldithiophosphate) additives used in lubricants. The segment has experienced operational disruptions due to litigation over the Sauget P2S5 facility.
3. Medical Manufacturing Technologies (MMT): Following the January 2026 acquisition, MMT contributes approximately $140 million in annual revenue and $50 million in Adjusted EBITDA. MMT provides engineered machines, consumables, and services to medical device manufacturers for catheter and guidewire production.
4. Defense Logistics Agency Contract: Perimeter Solutions secured a $500 million Defense Logistics Agency contract, providing recurring government revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Perimeter Solutions manufactures and sells fire safety chemicals and specialty products, including long-term fire retardants (PHOS-CHEK, FIRE-TROL, BIOGEMA brands), firefighting foam concentrates (SOLBERG, AUXQUIMIA brands covering Class A, Class B, and fluorine-free formulations), fire retardant and foam equipment systems, and phosphorus pentasulfide (P2S5) for lubricant additives. Following the January 2026 acquisition of Medical Manufacturing Technologies (MMT) for $685 million, the company also provides engineered machines, consumables, and services to medical device manufacturers producing catheters and guidewires. The company sells to government agencies, fire departments, oil & gas operators, industrial customers, and medical technology OEMs through direct regional sales offices globally.

Product overview

Perimeter Solutions is a premier global provider offering two main segments: Fire Safety and Specialty Products. The Fire Safety segment encompasses a comprehensive portfolio of firefighting products including long-term fire retardants (PHOS-CHEK, FIRE-TROL, BIOGEMA brands), foam concentrates (SOLBERG, AUXQUIMIA brands covering Class A, Class B, and Class A/B formulations including fluorine-free options), and firefighting equipment systems. The Specialty Products segment produces phosphorus pentasulfide (P2S5) for lubricant additives. The company also completed the $685 million acquisition of Medical Manufacturing Technologies (MMT) in January 2026, expanding into medical device manufacturing. Major brands include PHOS-CHEK and FIRE-TROL retardants, SOLBERG and AUXQUIMIA foam concentrates, and BIOGEMA extinguishing agents.

Differentiator

Problem solved

Functional benefit

Brands

• PHOS-CHEK: Long-term fire retardant brand for aerial and ground applications, first approved by US Forest Service in 1963
• FIRE-TROL
• SOLBERG
• AUXQUIMIA
• BIOGEMA
• FORTIFY

Products and services

• PHOS-CHEK FORTIFY Ground-applied long-term fire retardant with enhanced durability and vegetation adherence, providing season-long wildfire protection for residential and wildland properties. Used by Ember Defense and insurance partners to protect homes in the western US.
• PHOS-CHEK MVP-Fx
• PHOS-CHEK WD881 Class A foam concentrate specially formulated to make water more effective for firefighting applications.
• SOLBERG SPARTAN 1% Fluorine-Free Class A/B Foam World-first fluorine-free Class A/B foam concentrate for structure, wildland, vehicle, gasoline, and dumpster fires, with no intentionally added PFAS chemistry. UL 162 listed and ANSI/NFPA 18 Class A Wetting Agent certified.
• SOLBERG RE-HEALING 3x3 SP-100 Fluorine-Free Foam Industry's first UL-listed fluorine-free 3x3 foam concentrate with full hardware and sprinkler listings for Class B hydrocarbon and polar solvent fuel fires and deep-seated Class A fires. Contains no intentionally added PFAS chemicals.
• SOLBERG RE-HEALING RF3 Foam Concentrate Fluorosurfactant and fluoropolymer-free foam concentrate for Class B hydrocarbon fuel fires with excellent burn back resistance, holding UL162/ULC S564, FM 5130, ICAO Level B and C, and EN 1568 Part 3 certifications.
• SOLBERG EVOLUTION 3% SFFF First Newtonian fluorine-free foam to secure FM 5130 approval, also MIL-SPEC approved, ICAO Level B certified, and the first fluorine-free foam on the Department of Defense's Qualified Products List. FAA approved for aircraft rescue and firefighting (ARFF) and sprinkler applications with water-like viscosity for simplified system engineering.
• SOLBERG VERSAGARD 1x3 AR-SFFF Multipurpose fluorine-free foam concentrate for aviation and wildland applications.
• AUXQUIMIA RFC-105 Highly biodegradable low viscosity synthetic foam concentrate for Class A and Class B fires, serving European and international markets.
• AUXQUIMIA AQUAFILM AF Foam concentrate designed for all types of Class B (hydrocarbon) fires as well as Class A fires, serving European and international markets.
• FIRE-TROL 931 Aerial application fire retardant for fixed wing aircraft and helicopters to control wildfires.
• FIRE-TROL 936 Liquid long-term fire retardant formulated exclusively for ground application.
• Phosphorus Pentasulfide (P2S5) Specialty phosphorus pentasulfide (P2S5) chemical used in the preparation of zinc dialkyldithiophosphate (ZDDP) lubricant additives providing anti-wear solutions for engine protection. Manufactured at the Huerth, Germany Oil Additives facility.
• Fire Retardant Equipment Systems Complete line of retardant mixing systems, mobile units, and support equipment for aerial firefighting operations, sold through regional offices and equipment service centers.
• Firefighting Foam Equipment Comprehensive foam equipment product line including system tanks, proportioning devices, discharge devices, and mobile products for firefighting operations, expanded via the 2021 acquisition of Magnum Fire & Safety Systems.
• Medical Manufacturing Technologies (MMT) Catheter and Guidewire Manufacturing Solutions Engineered machines, consumables, and services for catheter and guidewire production supplied to medical technology OEMs and contract manufacturers. Acquired January 2026 for $685 million; 14 production facilities and 350+ employees contributing approximately $140M revenue and $50M Adjusted EBITDA.
• PHOS-CHEK Long-Term Fire Retardant Long-term fire retardant first approved for aerial firefighting by the US Forest Service in 1963, using phosphate as the active ingredient to chemically change how cellulose decomposes and render fuel non-flammable.
• SOLBERG RE-HEALING Low-Expansion Fluorine-Free Foam World's first low-expansion fluorine-free foam concentrate product line, developed by Ted Schaefer in 2000 and forming the foundation of Perimeter Solutions' fluorine-free foam franchise.

Quantifiable outcome

• Firefighting foam market projected to grow from $5.4B (2026) to $7.0B (2033) at 3.7% CAGR
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core, minor and strategic.

• U.S. Department of AgriculturecoreChannel Partner/ Reseller/ Distributor · 1 January 2025Perimeter Solutions signed a new five-year agreement with the U.S. Department of Agriculture, securing its position as the sole supplier of aerially deployed fire-retardant chemicals. The previous would-be competitor was shut down, strengthening the company's monopoly position.
• Confederated Tribes of the Colville ReservationminorStrategic or Co-development Partner · 14 September 2022Partnership to protect a low-income housing complex from wildfire using PHOS-CHEK FORTIFY long-term fire retardant application. The application provides protection that remains effective until a significant rain event occurs.
• Ember DefensestrategicStrategic or Co-development Partner · 22 March 2022Partnership for applying PHOS-CHEK FORTIFY long-term fire retardant to residential properties in the western United States. Ember Defense represents the PHOS-CHEK brand in parts of California and the western US, providing professional application services to protect homes from wildfire.
• Voltree PowerminorStrategic or Co-development Partner · 1 August 2021Alliance formed to develop and deploy wildfire detection and monitoring technology using Voltree Power's wireless sensor network capabilities combined with Perimeter Solutions' fire safety expertise.
• 10 Tanker Air CarrierstrategicStrategic or Co-development Partner · 13 April 2021Partnership established in Laredo, Texas to provide wildfire suppression support in Mexico using Perimeter Solutions' PHOS-CHEK fire retardant with 10 Tanker's DC-10 airtanker. The partnership helped extinguish wildfires near Monterrey, Mexico, completing ten missions and dropping nearly 100,000 gallons of PHOS-CHEK.
• CSAA Insurance GroupminorStrategic or Co-development Partner · 8 October 2020Innovative pilot program to help improve defensible space for homeowners using PHOS-CHEK fire retardant products. CSAA Insurance Group is an insurance provider seeking to reduce wildfire-related claims through proactive property protection.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Johnson Controls International: Through its Tyco Fire Protection Products business, Johnson Controls is a global leader in fire suppression including foam concentrates and detection systems, competing broadly with Perimeter Solutions across fire safety products as part of a much larger building technology portfolio.
• 3M: Following its acquisition of Scott Safety, 3M competes with Perimeter in respiratory protection and adjacent fire safety equipment categories as part of a massive diversified industrial conglomerate.

Direct peers

• Kidde: Kidde (now part of Carrier Global) manufactures fire extinguishers, alarms, and suppression systems. It serves overlapping industrial, commercial, and government fire protection customers with complementary product offerings to Perimeter.
• National Foam: National Foam is a US-based manufacturer of firefighting foam concentrates and equipment serving industrial, municipal, aviation, and military markets. It is one of the legacy direct competitors to Perimeter's foam product portfolio.
• Angus Fire: Angus Fire is a UK-based manufacturer of firefighting foam concentrates and equipment serving industrial, aviation, and military customers, directly competing with Perimeter's Class A and Class B foam portfolio globally.
• Bio-Ex: Bio-Ex is a French manufacturer of fluorine-free firefighting foam concentrates and specialty fire safety products, directly competing with Perimeter's AUXQUIMIA and BIOGEMA brands in European and international fluorine-free foam markets.
• Dafo Fomtec: Dafo Fomtec is a Swedish manufacturer specializing in fluorine-free and traditional firefighting foam concentrates. As the industry shifts to fluorine-free, Fomtec is a direct competitor to Perimeter's SOLBERG fluorine-free portfolio.
• Dr. Sthamer: Dr. Sthamer is a German specialty chemical manufacturer focused on firefighting foam concentrates and related products. It is one of the closest direct competitors to Perimeter's SOLBERG and AUXQUIMIA foam brands in European and international markets.

Regional players

• NAFFCO: NAFFCO is a UAE-based leading manufacturer of firefighting equipment, foam, and safety products primarily serving the Middle East and emerging markets, overlapping with Perimeter in fire safety products but focused on different geographies.

Emerging players

• Nordson Medical: Nordson Medical (formerly Vesta) provides medical device manufacturing equipment and components for catheter and guidewire production. Following Perimeter's MMT acquisition, Nordson becomes a direct competitor in the medical device manufacturing equipment space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/PerimeterSolutions1
• LinkedInlinkedin.com/company/perimeter-solutions

Compliance17 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A9 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Perimeter Solutions