Ingevity sells Ozark Materials road markings business to PPG for $65M

Ingevity Corp

Sold Ozark Materials road markings business to PPG Industries in all-cash deal for ~$65M.
Deal closed simultaneously with signing; proceeds subject to customary adjustments.
Divestiture sharpens portfolio; Ingevity keeps Pavement Technologies business.
Full-year 2026 guidance to be updated with Q1 results, reflecting this sale.
Previously provided 2026 guidance affirmed excluding impact of today's transaction.

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