Technip energies to acquire ecovyst's advanced materials & catalysts business

Technip energies (paris:te) announces that it has entered into a definitive agreement to acquire the advanced materials & catalysts business from ecovyst inc. (nyse: ecvt), a global leader in specialty catalysts and advanced materials, for a purchase price of us$556 million, representing an ebitda1 multiple of ~9.8.
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