Ingevity to acquire leading pavement marking materials business, Ozark Materials

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Aug 02, 2022

Ingevity Corporation (NYSE:NGVT, Financial) today announced it has reached an agreement to acquire privately-owned Ozark Materials, LLC and Ozark Logistics, LLC (“Ozark Materials”) in an all-cash transaction valued at $325 million. The acquisition is subject to regulatory approval and other customary closing conditions, and Ingevity expects to close on the transaction by early Q4 2022.