Picture of Technip Energies NV logo

TE Technip Energies NV News Story

0.000.00%
fr flag iconLast trade - 00:00
EnergyAdventurousLarge CapNeutral

Brief: Technip Energies To Buy Advanced Materials & Catalysts From Ecovyst

Sept 11 (Reuters) - Technip Energies NV TE.PA:

TO BUY ADVANCED MATERIALS & CATALYSTS FROM ECOVYST

PURCHASE PRICE OF $556 MILLION, EBITDA MULTIPLE OF ~9.8

DEAL EXPECTED TO CLOSE BY Q1 2026 PENDING APPROVALS

ADVANCED MATERIALS & CATALYSTS REVENUE $223 MILLION, EBITDA MARGIN ~25% FOR 2024

Source text: ID:nGNE6LF45N

Further company coverage: TE.PA

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

Recent news on Technip Energies NV

See all news