AcquisitionsMay 4, 2026, 07:51 AM
Ecovyst to Acquire INEOS Calabrian for $190M
AI Summary
Ecovyst Inc., through its wholly-owned subsidiaries New Structure Subco Inc. and EV Industrial Chemical Subsidiary Holdings Inc., has entered into a Share Purchase Agreement to acquire the entire issued share capital of INEOS Calabrian Holdings Corp. and INEOS Calabrian Corporation Canada, Inc. The transaction is valued at $190 million, subject to customary adjustments, and is anticipated to close in the second quarter of 2026. The agreement includes standard warranties, covenants, and termination rights, with the purchasers securing a warranty and indemnity insurance policy.
Key Highlights
- Ecovyst subsidiaries to acquire INEOS Calabrian Holdings Corp. and INEOS Calabrian Corporation Canada, Inc.
- The total purchase price for the acquisition is $190 million, subject to customary adjustments.
- The transaction is expected to be completed in the second quarter of 2026.
- Acquisition is being made through Ecovyst's wholly-owned subsidiaries, New Structure Subco Inc. and EV Industrial Chemical Subsidiary Holdings Inc.
- The Purchase Agreement includes customary warranties, covenants, and termination rights.
- Purchasers are procuring a warranty and indemnity insurance policy at their own cost.