secwatch.observer — SEC 8-K summary
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Issuer:     Ingevity Corp (NGVT)
CIK:        0001653477
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001493152-22-021007
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingevity acquires Ozark Materials for $325M all-cash; expects immediate EPS accretion
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- Acquisition of Ozark Materials (pavement marking materials) for $325M all-cash.
- Ozark Materials expected to generate ~$150M revenue and ~20% EBITDA margins in 2023.
- Deal immediately accretive to Ingevity's EPS; included in Performance Chemicals segment.
- Expected to close early Q4 2022, subject to HSR and other customary closing conditions.
- Strengthens pavement technologies business; benefits from infrastructure spending and autonomous vehicle trends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653477/000149315222021007/0001493152-22-021007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653477/000149315222021007/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-021007

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