# Advanced Emissions Solutions to merge with Arq Limited

Advanced Emissions Solutions, Inc. (ADES) entered into a definitive merger agreement with Arq Limited to combine their businesses. ADES shareholders will retain at least 47.4% of the combined company, and a concurrent equity placement of $20 million from Arq investors is planned.

- Type: Acquisition
- Announced: 2022-08-19
- Where: Greenwood Village, Colorado, United States
- Status: announced
- Products: emissions control solutions, activated carbon, carbon products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Advanced Emissions Solutions, Inc.](https://endata.com/companies/64801.md) (acquirer)
- [Arq Limited](https://endata.com/companies/64802.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1515156/000151515622000071/ex991-pressreleaseelbertan.htm), 2022-08-19: "Advanced Emissions Solutions, Inc. today announced that it has entered into a definitive merger agreement with Arq Limited, pursuant to which Arq and ADES will combine their respective businesses."

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