M&A
confidence high
sentiment neutral
materiality 0.75
Ecovyst completes $190M acquisition of INEOS Calabrian entities, funds with $100M incremental term loan
Ecovyst Inc.
- Completed acquisition of INEOS Calabrian Holdings Corp. and INEOS Calabrian Corporation Canada for $190M, subject to customary adjustments.
- Borrowed $100M incremental term loan under amended credit agreement to finance the acquisition and for general corporate purposes.
- Incremental term loan bears interest at Term SOFR + 2.00% or ABR + 1.00%, with same amortization and maturity as existing term loans.
- Acquisition previously announced on May 1, 2026; closed on June 30, 2026.
- Fourth Amendment to credit agreement also includes other customary changes.