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Grace Expands Fast Growing Pharma Portfolio through Acquisition of Fine Chemistry Business
W. R. Grace & Co. today announced that it has entered into a definitive agreement to acquire the Fine Chemistry Services business of ALBemarle Corporation for approximately $570 million, including $300 million paid in cash at closing and $270 million funded through the issuance to ALBemarle of non-participating preferred equity of a newly created Grace subsidiary. The acquisition significantly strengthens and …
Highly Complementary Bolt-on Acquisition Accelerates Strategy of Building Higher Growth Portfolio
Accretive to Revenue Growth Rate, EBITDA Margin and Adjusted EPS in 2021
Significantly Strengthens Technology, Product and Manufacturing Capabilities
W. R. Grace & Co. (NYSE: GRA, the “Company”) today announced that it has entered into a definitive agreement to acquire the Fine Chemistry Services business (“FCS”) of ALBemarle Corporation (NYSE: ALB) for ....

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