NewMarket Corporation Acquires AMPAC Intermediate Holdings (American Pacific) for $700M

NewMarket Corporation (NYSE: NEU) completed the acquisition of AMPAC Intermediate Holdings, LLC, the parent of American Pacific Corporation (AMPAC), for approximately $700 million in cash. AMPAC, based in Cedar City, Utah, is a specialty manufacturer of critical performance additives for solid rocket motors and Halotron fire‑suppression agents and has roughly 150 employees; the seller was affiliates of private equity firm AE Industrial Partners.