# Ingevity to acquire Georgia-Pacific's pine chemicals business for $315M

Ingevity Corp. agreed to acquire Georgia-Pacific's pine chemicals business for $315 million in cash. The deal includes assets at the Crossett, Arkansas plant and a 20-year crude tall oil supply contract.

- Type: Acquisition
- Announced: 2017-08-25
- Where: Crossett, Arkansas, United States
- Value: $315.0M
- Status: announced
- Products: tall oil fatty acids, tall oil rosin, tall oil rosin esters
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Georgia-Pacific](https://endata.com/companies/1870.md) (target)
- [Ingevity](https://endata.com/companies/21460.md) (acquirer)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/95717-ingevity-to-acquire-georgia-pacifics-pine-chemicals-business), 2017-08-25: "By combining the companies, we will have a stronger, more competitive pine chemicals business."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=44), 2017-09-27: "Ingevity expects to close on the transaction in late 2017."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.