Quaker Houghton to acquire Norman Hay operating divisions for £80M

Quaker Houghton has agreed to acquire the operating divisions of Norman Hay plc, a UK specialty chemicals and services provider, for £80 million (~$98 million). The transaction is expected to close in October 2019.

“Quaker Houghton announced today that it has agreed to acquire the operating divisions of Norman Hay plc, a private UK company that provides specialty chemicals, operating equipment, and services to industrial end markets, for a purchase price of 80 million GBP (~$98 million at current rates).”home.quakerhoughton.com

• 2 sources
• home.quakerhoughton.comQuaker Houghton to Acquire Operating Divisions of Norman Hay PLC[post_published] – Quaker Houghtonquaker_houghtonAug 29, 2019
• prnewswire.comQuaker Houghton Acquires Operating Divisions of Norman Hay plcQuaker HoughtonOct 1, 2019

Summarized from public sources; check the original articles before acting on it.