Afton Chemical Announces Acquisition of Aditivos Mexicanos, S.A. de C.V.
2016年12月20日 - 7:01AM
ビジネスワイヤ(英語)
Afton Chemical Corporation, a global leader in the lubricant and
fuel additive market and wholly owned subsidiary of NewMarket
Corporation (NYSE:NEU), today announced the entry into a definitive
purchase agreement to acquire Aditivos Mexicanos, S.A. de C.V.
(“AMSA”) for approximately $182.5 million. AMSA is a petroleum
additives manufacturing, sales and distribution company based in
Mexico City, Mexico.
“This acquisition represents a significant step for Afton in
expanding our global capabilities to bring value added solutions to
our customers worldwide,” said Rob Shama, Afton Chemical’s
President. “We are pleased to have the dedicated AMSA team become
part of the Afton family and we look forward to utilizing their
expertise in the petroleum additives market,” said Shama.
The transaction is expected to close during the first half of
2017. The closing is conditioned upon the satisfaction or waiver of
customary closing conditions, including the approval of the Mexican
Federal Economic Competition Commission (Comisión Federal de
Competencia Económica).
About Afton Chemical Corporation
Afton Chemical Corporation is part of the NewMarket Corporation
(NYSE: NEU) family of companies. Afton Chemical Corporation uses
its formulation, engineering and marketing expertise to help their
customers develop and market fuels and lubricants that reduce
emissions, improve fuel economy, extend equipment life, improve
operator satisfaction and lower the total cost of vehicle and
equipment operation. Afton Chemical Corporation develops and sells
an extensive line of unique additives for gasoline and distillate
fuels, driveline fluids, engine oils and industrial lubricants.
Afton Chemical Corporation supports global operations through
regional headquarters located in Asia Pacific, EMEAI, Latin America
and North America. Afton Chemical Corporation is headquartered in
Richmond, Virginia. For more information, visit
www.aftonchemical.com.
Cautionary Note Regarding Forward-Looking Statements:
Some of the information contained in this press release
constitutes forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Although
NewMarket’s management believes its expectations are based on
reasonable assumptions within the bounds of its knowledge of its
business and operations, there can be no assurance that actual
results will not differ materially from expectations.
Factors that could cause actual results to differ materially
from expectations include, but are not limited to, a failure to
obtain the approval of the Mexican Federal Economic Competition
Commission or any other required regulatory approvals with respect
to the acquisition or a failure by one or more parties to satisfy
any applicable conditions to closing the acquisition, as well as
the other factors detailed from time to time in the reports that
NewMarket files with the Securities and Exchange Commission,
including the risk factors in Item 1A, “Risk Factors” of our 2015
Annual Report on Form 10-K, which is available to shareholders upon
request.
You should keep in mind that any forward-looking statement made
by NewMarket in the foregoing discussion speaks only as of the date
on which such forward-looking statement is made. New risks and
uncertainties arise from time to time, and it is impossible for us
to predict these events or how they may affect the Company. We have
no duty to, and do not intend to, update or revise the
forward-looking statements in this discussion after the date
hereof, except as may be required by law. In light of these risks
and uncertainties, you should keep in mind that the events
described in any forward-looking statement made in this discussion,
or elsewhere, might not occur.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161219006175/en/
Afton Chemical CorporationLauren Packard, Marketing
Communications804-788-5800
NewMarket (NYSE:NEU)
過去 株価チャート
から 6 2024 まで 7 2024
NewMarket (NYSE:NEU)
過去 株価チャート
から 7 2023 まで 7 2024