---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-012252"
form_type: "8-K"
ticker: "NEU"
cik: "0001282637"
company_name: "NEWMARKET CORP"
filed_at: "2024-01-22T23:59:59+00:00"
generated_at: "2026-06-06T20:30:10.932657+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NewMarket completes $700M acquisition of AMPAC, a defense/space additives maker

## Summary
- Completed acquisition of AMPAC parent from Coyote Ultimate Holdings for ~$700M on January 16, 2024.
- Purchase price funded with cash on hand and ~$690M drawn under existing revolving credit facility.
- AMPAC is leading North American manufacturer of additives for solid rocket motors (space launch, defense) and Halotron BrX fire extinguisher.

## SEC filing metadata
- accession: 0001193125-24-012252
- form_type: 8-K
- ticker: NEU
- cik: 0001282637
- company_name: NEWMARKET CORP
- filed_at: 2024-01-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282637/000119312524012252/0001193125-24-012252-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282637/000119312524012252/d670542d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-012252
- JSON: https://secwatch.observer/filing/0001193125-24-012252.json
- Plain text: https://secwatch.observer/filing/0001193125-24-012252.txt

## Key facts
- M&A Transactions
  NEWMARKET CORP completed an acquisition involving Coyote Ultimate Holdings, LLC for approximately $700 million (closed 2024-01-16).
  - Action: acquisition
  - Counterparty: Coyote Ultimate Holdings, LLC
  - Consideration: approximately $700 million
  - Closing: 2024-01-16
  source text: to the Securities Purchase Agreement entered into by the Company, Coyote and Holdings on December 1, 2023 (the “Purchase Agreement”). The Company satisfied the approximately $700 million purchase price with cash on hand and borrowings of approximately $690 million under its existing revolving credit facility. AMPAC is the leading North American manufacturer of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282637/000119312524012252/0001193125-24-012252-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.