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Technip Energies to acquire Ecovyst’s Advanced Materials & Catalysts business
Sentiment:Neutral (40)
Summary
(NYSE:TE) Technip Energies (PARIS:TE) announces that it has entered into a definitive agreement to acquire the Advanced Materials & Catalysts business from Ecovyst Inc. (NYSE: ECVT), a global leader in specialty catalysts and advanced materials, for a purchase price of US$556 million, representing an EBITDA1 multiple of ~9.8.
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Read Full ArticleArticle published on September 11, 2025 by globenewswire