secwatch.observer — SEC 8-K summary
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Issuer:     Ingevity Corp (NGVT)
CIK:        0001653477
Form:       8-K
Filed at:   2022-10-03T23:59:59+00:00
Accession:  0001653477-22-000035
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingevity completes $325M acquisition of Ozark Materials, expects immediate EPS accretion
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- Acquired Ozark Materials and Ozark Logistics for $325M in cash, funded via credit facilities and cash on hand.
- Ozark Materials is a leading producer of pavement marking materials; business will be in Performance Chemicals segment.
- Acquisition expected to be immediately accretive to Ingevity's earnings per share.
- Ozark operates 4 manufacturing sites, serving state DOTs and contractors across US and Canada.
- Ingevity President & CEO John Fortson says deal strengthens position in paving construction industry.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653477/000165347722000035/0001653477-22-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653477/000165347722000035/ngvt-20221003.htm
  HTML page:      https://secwatch.observer/filing/0001653477-22-000035

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