NewMarket Completes Acquisition of Calca Solutions
MT Newswires Live
Oct 02
NewMarket (NEU) completed the acquisition of Mars TopCo, the parent company of Calca Solutions, which manufactures propellants for advanced aerospace and defense applications.
The terms of the transaction weren't disclosed. Lake Charles, Louisiana-based Calca had been a portfolio company of AE Industrial Partners.
The acquisition is projected to boost net income in 2026, NewMarket said Wednesday in a statement.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.