---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-012603"
form_type: "8-K"
ticker: "NGVT"
cik: "0001653477"
company_name: "Ingevity Corp"
filed_at: "2025-09-04T23:59:59+00:00"
generated_at: "2026-05-17T08:18:37.869579+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ingevity agrees to sell CTO refinery and Industrial Specialties to Mainstream Pine Products for $110M cash

## Summary
- All-cash deal: $110M at closing plus up to $19M contingent consideration; expected close by early 2026.
- 2025 revenue from sold assets ~$130M with low-to-mid single-digit EBITDA margins; to be reported as discontinued operations.
- Ingevity affirms FY2025 guidance (ex-discontinued ops): sales $1.25-1.40B, adj. EBITDA $390-415M.
- Supply agreement for Road Technologies products; toll-manufacturing and reciprocal plant operating agreements with Mainstream.
- Transaction reduces portfolio volatility, strengthens margin/cash flow; proceeds to accelerate deleveraging.

## SEC filing metadata
- accession: 0001493152-25-012603
- form_type: 8-K
- ticker: NGVT
- cik: 0001653477
- company_name: Ingevity Corp
- filed_at: 2025-09-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653477/000149315225012603/0001493152-25-012603-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653477/000149315225012603/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-012603
- JSON: https://secwatch.observer/filing/0001493152-25-012603.json
- Plain text: https://secwatch.observer/filing/0001493152-25-012603.txt

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