Ingevity completed the acquisition of Ozark Materials for $325m.

Ingevity, a chemical manufacturer, completed the acquisition of Ozark Materials, a producer of pavement marking materials, for $325m. "Today’s announcement represents an important step for Ingevity, strengthening our position in the paving construction industry while moving us one step downstream where we can better serve our end customers. Ozark Materials has established itself as a leading player within the pavement marking materials industry, which is expected to continue to benefit from several macro-level tailwinds, including increased infrastructure spending and the need for more road markings to support autonomous vehicles," John Fortson, Ingevity President and CEO.