NewMarket (NEU) announced its entry into a definitive purchase agreement to acquire Mars TopCo, the ultimate parent company of Calca Solutions. Calca is currently a portfolio company of AE Industrial Partners. The transaction is expected to close in 2025. The closing is conditioned upon the satisfaction or waiver of customary closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. NewMarket expects to finance the acquisition with available cash and borrowings under its revolving credit facility.
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