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New Deal


Announced

Completed

Ingevity completed a $60m investment in Nexeon.

Financials

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Transaction Value£49m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Specialty Chemicals

battery materials projects

silicon materials

United Kingdom

Single Bidder

Minority

Cross Border

Acquisition

Friendly

Completed

Synopsis

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Ingevity, a provider of specialty chemicals, high-performance carbon materials and engineered polymers, completed a $60m investment in Nexeon, a developer of silicon anode battery technology. “Today’s announcement marks an important milestone in our company’s history, and underscores Ingevity’s long-term vision for growth and commitment to exploring value-added applications for our activated carbon in expanding markets like EVs. Nexeon has established itself as an innovation leader within what will likely be a rapidly growing space for years to come, and we are excited to partner with them to advance their game-changing patented technologies," John Fortson, Ingevity President & CEO.

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