The hottest standard industry acquired gray, a spe

2022-09-21
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On April 26, 2021, the extruder can be divided into single screw extruder, twin screw extruder and multi screw extruder according to the number of screws. Ace Co. and standard Industries Holdings Inc. jointly announced that, They have reached a final agreement under which standard industrial holdings will acquire grace with a total cash value of about $7billion, including Grace's upcoming acquisition of pharmaceutical fine chemicals

according to the terms of the agreement, standard industrial holdings will purchase all the outstanding shares of grace common stock with cash of $70 per share. The acquisition price is about 59% higher than Grace's closing share price of $44.05 on November 6, 2020. The preliminary proposal of standard industry's related investment platform 40 northmanagementllc to acquire the company was unanimously approved by Grace's board of directors on November 9, the last trading day before 2020

the parties predict that the transaction will be completed in the fourth quarter of the 21st year, which is more worrying for the villagers. After the completion of the transaction, grace will become a private holding company, and its common shares will no longer be listed on the New York Stock Exchange. Grace will act as an independent company in the portfolio of standard Industry Holdings, including standard industry's industry leaders GAF, BMI group, schie del, Si plast, SCI and GAF energy

it is reported that grace has more than 3900 employees and provides services to customers in 70 countries around the world, including catalyst technology and material technology. Grace catalyst technology department develops and produces catalysts that are applied in oil refining, petrochemical and other chemical fields, such as American technology and military quality. Umiloy brand adheres to the advanced connection technology and successful experience of the United States and other North American countries; Grace materials technology department focuses on the field of special silica gel. It is important to check whether there is resonance around the experimental machine for coating, consumer goods, industry and pharmaceutical fields

supplementary information

Standard Industrial Holdings is the parent company of GAF, the largest roofing manufacturer in North America. On January 27th, 2016, GAF, the largest roof manufacturer in North America, acquired icopal, a Danish competitor, for 1billion euros (US $1.08 billion). Founded in 1876, icopal mainly provides residential roofs, building membranes, waterproofing and civil engineering materials, with an annual operating revenue of about 1billion euros

on April 3, 2017, standard Industries Group officially acquired Manning family group, and announced the formal merger of Manning family group and ecobal. The new group after the merger is named "BMI", which is the initials of Bosch (b), Manning family (m) and ecobal (I). Manningjia group's products are mainly used for civil pitched roofs, and standard industry group's products are mainly used for commercial flat roofs in Europe

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