NGVT News & Events

PPG (PPG) "announced that it has completed the acquisition of Ozark Materials, LLC, a U.S.-based provider of pavement marking solutions, from Ingevity Corporation (NGVT). The all-cash transaction includes a purchase price of $65 million, subject to customary adjustments. Ozark Materials serves customers across the United States and Canada and has a strong reputation for quality, service and operational excellence. The company has approximately 130 employees and well-established customer relationships that align closely with PPG's Traffic Solutions business."

Sees FY26 revenue $1.1B-$1.2B, consensus $1.13B.

Reports Q4 revenue $278M, consensus $237.8M. "Despite a volatile macro environment, which included tariff uncertainty and supply chain disruptions, Ingevity delivered very strong business and financial results, and our disciplined execution generated robust free cash flow. We also took decisive steps to reshape and optimize our portfolio with the sale of our North Charleston refinery and the majority of our Industrial Specialties product line, as well as the decision to pursue strategic alternatives for Advanced Polymer Technologies and Road Markings. We enter 2026 with momentum and confidence as we continue to drive our strategy to build Ingevity into a premier specialty materials company," said Ingevity President and CEO, David Li.