Chemtrade Announces Acquisition of Marsulex, Enhancing Its Existing Industrial Chemicals Platform, and Announces Equity Offering
- Transaction Value of $419.5 Million, Excluding MET
- Immediately Accretive to Distributable Cash Per Unit, Without Taking Synergies Into Account
- $10 Million of Highly Realizable Operating Cost Synergies
- 60% Marsulex Shareholder to Vote in Support of the Transaction
- $130 Million Subscription Receipt Offering