LONDON: Elementis plc, a global specialty chemicals company, today announced that it has completed the acquisition of UK based Alchemy Ingredients Limited (“Alchemy”) for an enterprise value of c.$22m on a cash-free debt-free basis. Alchemy develops innovative, high-quality, sustainable rheology modifier ingredients for the personal care industry across a range of cosmetics and skin…
BINDING AGREEMENT SIGNED RE SMITHS INTERCONNECT LONDON: Smiths Group plc has entered into an agreement for the sale of Smiths Interconnect to Molex Electronic Technologies Holdings, LLC . The transaction values Smiths Interconnect at an enterprise value of £1.3bn, representing 15.1x headline EBITDA of £86.1m for the fiscal year 2025. Smiths will receive cash consideration for the…