Ingevity announces sale of Ozark Materials road markings business to PPG, strengthening strategic focus
Ingevity Corporation (
NYSE: NGVT) today announced that it has signed a definitive agreement and has successfully closed on the sale of its Ozark Materials road markings business to PPG (
NYSE: PPG). The all-cash transaction results in proceeds to Ingevity of approximately $65 million, subject to customary adjustments.
