Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Innospec Completes Acquisition of Huntsman’s European Surfactants Business - Ink World Magazine

What are you searching for?

Sign in
Industry News, Mergers and Acquisitions, Suppliers News

Innospec Completes Acquisition of Huntsman’s European Surfactants Business

Completed the sale for an enterprise value of $225 million.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Huntsman has announced that it has completed the sale of its European surfactants business to Innospec for an enterprise value of $225 million. This business represented approximately $24 million of EBITDA in 2015. Huntsman intends to make a $260 million early repayment of debt using proceeds from the sale and existing cash. This debt repayment is in addition to the recent debt reductions of $100 million in September 2016 and $100 million in July 2016.

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters

Topics