NewMarket has agreed to acquire AMPAC Intermediate Holdings from private equity firm AE Industrial Partners for $700 million in a deal guided by Kirkland & Ellis. The transaction, announced Dec. 4, is expected to close during the first quarter of 2024. Boca Raton, Florida-based AE Industrial was represented by a Kirkland & Ellis team led by corporate partners Matthew Arenson, Jeffrey Swatzell and Andrew Struckmeyer. Counsel information for NewMarket was not immediately available.
Industrial, Chemicals & Materials
December 08, 2023, 10:14 AM