PARIS: Technip Energies (PARIS:TE) said on Thursday it has entered into a definitive agreement to acquire the Advanced Materials & Catalysts business from Ecovyst Inc. (NYSE:ECVT) for $556 million, expanding its catalyst technology portfolio and boosting recurring revenues. The deal, valued at an EBITDA multiple of approximately 9.8, includes Advanced Silicas and Zeolyst International—a…
LONDON: Johnson Matthey Plc has agreed to sell its Catalyst Technologies business to Honeywell International Inc. for £1.8 billion ($2.3 billion) in an all-cash deal, the British specialty chemicals company announced Tuesday. The transaction, expected to close in the first half of 2026, will net Johnson Matthey approximately £1.6 billion after adjustments. The company…