Bertrand Hodee

Daniel Thomson

Guilherme Levy

Guillaume Delaby

Jean-Luc Romain

Richard Dawson

Victoria McCulloch

Jamie Franklin

Sebastian Erskine

Kate O'Sullivan

- Technip Energies has entered into a definitive agreement to acquire the Advanced Materials & Catalysts business from Ecovyst Inc. for **US$556 million**, representing an EBITDA multiple of ~**9.8**.  **[1792045_e1c8ae93d04142b4bbbefa1c7785e27c_0]** 
- The acquisition is expected to be immediately **accretive to earnings and cash flow** for Technip Energies.  **[1792045_e1c8ae93d04142b4bbbefa1c7785e27c_0]** **[1792045_e1c8ae93d04142b4bbbefa1c7785e27c_1]** 
- The Advanced Materials & Catalysts business reported a total revenue of **US$223 million** and an EBITDA margin of ~**25%** for 2024.  **[1792045_e1c8ae93d04142b4bbbefa1c7785e27c_1]** 
- On a pro-forma basis for 2024, the acquisition is projected to increase Technip Energies' Technology, Products & Services (TPS) segment's contribution to Segment EBITDA from 39% to approximately **45%**.  **[1792045_e1c8ae93d04142b4bbbefa1c7785e27c_0]** 
- The transaction is anticipated to close by the **first quarter of 2026**.  **[1792045_e1c8ae93d04142b4bbbefa1c7785e27c_1]**

Technip Energies to acquire Ecovyst's Advanced Materials & Catalysts business

Technip Energies (THNPY)