.
MergerLinks Header Logo

Announced

The Jordan Company to acquire performance material business of PQ Group Holding for $650m.

Financials

Edit Data
Transaction Value£502m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.8x
EV/EBITDA8.52x
Share Price Premium-
One Off Charge-

Tags

Edit

catalysts

United States

Friendly

sulfuric acid

zeolite catalyst

Private

Single Bidder

Domestic

Majority

Acquisition

Pending

Specialty Chemicals

Private Equity

Synopsis

Edit

The Jordan Company, a private equity firm, agreed to acquire performance material business of PQ Group Holding, a chemical manufacturer, for $650m. “The planned sale of Performance Materials at an attractive valuation marks a significant milestone on our ‘Simpler and Stronger’ strategic path, as we target a portfolio reflecting both higher top-line growth and higher margins,” Belgacem Chariag, PQ Group Chairman, President and Chief Executive Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US