CONSHOHOCKEN, Pa., April 1, 2025 /PRNewswire/ — Quaker Houghton (the “Company”) (NYSE: KWR), the worldwide chief in commercial procedure fluids, introduced these days that it has finished its in the past introduced acquisition of Dipsol Chemical compounds Co., Ltd., (“Dipsol”) a eminent provider of floor medication and plating answers and products and services essentially for the automobile and alternative commercial programs, for 23 billion JPY (~$153 million at wave charges). Dipsol is headquartered in Japan and operates globally with revenues of roughly $82 million over the twelve-month duration finishing December 31, 2024. The acquisition worth represents a more than one of roughly 10.5x Dipsol’s trailing twelve past estimated adjusted EBITDA of roughly $15 million. Quaker Houghton funded the acquisition worth for this acquisition with borrowings underneath its present credit score facility.
Moreover, the corporate additionally introduced these days the purchase of Natech, Ltd., (“Natech”) a U.Ok.-based producer of floor medication chemical compounds for about 4 million GBP (~$5.2 million at these days’s charges).
Joseph Berquist, Govt Officer and President stated, “We are very excited to have completed the acquisition of Dipsol and announce the acquisition of Natech, demonstrating our ability to use our strong financial position to make strategic investments that will accelerate growth and create shareholder value. Dipsol and Natech provide Quaker Houghton with leading market positions in their respective markets and product technologies, that complement our technical service model and add capabilities and breadth to our differentiated portfolio of products and services. They also expand our advanced solutions businesses in attractive end markets with solid growth characteristics, providing ample opportunity to cross-sell and meet the evolving needs of our global customers.”
Dipsol was once established in 1953 and is headquartered in Japan. The corporate has a powerful portfolio of services and products and a eminent place within the Eastern marketplace for plating chemical compounds. Dipsol has roughly 450 workers international, and a world presence with manufacturing and R&D amenities in Asia, North The united states, and Europe.
Natech was once established in 2002 and producers water-based cleaners, steel pre-treatment merchandise, paint strippers and alternative merchandise for numerous commercial programs.
Non-GAAP Measure
The tips on this press let go comprises non-GAAP (unaudited) monetary knowledge of Dipsol’s estimated adjusted EBITDA. The Corporate believes this non-GAAP monetary measure supplies significant supplemental knowledge because it complements a reader’s figuring out of the monetary efficiency of Dipsol. As well as, our definition of adjusted EBITDA might not be similar to in a similar way named measures reported by means of alternative firms. The Corporate items an estimated adjusted EBITDA for Dipsol, which is calculated as estimated EBITDA, which is calculated as estimated internet source of revenue prior to depreciation and amortization, pastime expense, internet, and taxes on source of revenue prior to fairness in internet source of revenue of related firms, plus or minus positive pieces that control believes aren’t indicative of while working efficiency or now not thought to be core to Dipsol’s operations. Because it pertains to while projections for Dipsol, in addition to alternative forward-looking knowledge contained on this press let go, the Corporate has now not supplied steerage for similar GAAP measures or a quantitative reconciliation of forward-looking non-GAAP monetary measures to essentially the most immediately similar U.S. GAAP measure as a result of it’s not able to resolve with cheap simple task the utmost end result of positive vital pieces important to calculate such measures with out unreasonable aim. These things come with, however aren’t restricted to, positive non-recurring or non-core pieces Dipsol might document that would materially have an effect on internet source of revenue. These things are unsure, rely on numerous elements, and may have a subject matter have an effect on at the U.S. GAAP reported effects for the steerage duration.
Ahead-Having a look Statements
This press let go comprises “forward-looking statements” that fall underneath the shield harbor provisions of the Non-public Securities Litigation Reform Operate of 1995 and the Securities Operate of 1933, as amended. Those statements can also be recognized by means of the truth that they don’t relate strictly to ancient or wave details. We have now founded those forward-looking statements on guesses, projections and expectancies about while occasions that we consider are cheap in keeping with these days to be had knowledge, together with statements in regards to the attainable results of financial downturns; price lists, together with unsureness order adjustments in price lists; inflation and international provide chain constraints at the Corporate’s trade, result of operations, and monetary status; our expectation that we can conserve ample liquidity and stay in compliance with the phrases of the Corporate’s credit score facility; expectancies about while call for and uncooked subject matter prices; and statements in regards to the have an effect on of greater uncooked subject matter prices and pricing projects. Those forward-looking statements come with statements with recognize to our ideals, plans, targets, objectives, expectancies, anticipations, intentions, monetary status, result of operations, while efficiency, and trade, which might fluctuate materially from our original effects, together with however now not restricted to the possible advantages of acquisitions and divestitures, the affects on our trade on account of international provide chain constraints, and our wave and while effects and plans and statements that come with the phrases “may,” “could,” “should,” “would,” “believe,” “expect,” “anticipate,” “estimate,” “intend,” “outlook, “goal”, “conceivable”, “attainable”, “plan” or similar expressions. Such statements include information relating to current and future business activities, operational matters, capital spending, and financing sources. A major risk is that demand for the Company’s products and services is largely derived from the demand for its customers’ products, which subjects the Company to uncertainties related to downturns in a customer’s business and unanticipated customer production slowdowns and shutdowns. Other major risks and uncertainties include, but are not limited to inflationary pressures, including increases in raw material costs; supply chain constraints and the impacts of economic downturns; customer financial instability; high interest rates and their impact on our and our customers’ business operations; the impacts from acts of war, terrorism and military conflicts, including those in Ukraine and the Middle East as well as economic, political and governmental actions taken by various governments and governmental organizations in response; economic and political disruptions particularly in light of numerous elections globally and the possibility of regime changes; the possibility of economic recession; legislative and regulatory developments including changes to existing laws and regulations, or the way they are interpreted, applied or enforced; tariffs, trade restrictions, and the economic and other sanctions imposed by other nations on Russia and Belarus and/or other government organizations; suspensions of activities in Russia by many multinational companies; foreign currency fluctuations; significant changes in applicable tax rates and regulations; future terrorist attacks and other acts of violence; the impacts of consolidation in our industry, including loss or consolidation of a major customer, the effects of climate change, fires, or other natural disasters; and the potential occurrence of cyber-security breaches, cyber-security attacks and other technology outages and security incidents. Furthermore, the Company is subject to the same business cycles as those experienced by our customers in the steel, automobile, aircraft, industrial equipment, aluminum and durable goods industries. Our forward-looking statements are subject to risks, uncertainties and assumptions about the Company and its operations that are subject to change based on various important factors, some of which are beyond our control. These risks, uncertainties, and possible inaccurate assumptions relevant to our business could cause our actual results to differ materially from expected and historical results. All forward-looking statements included in this press release, including expectations about business conditions during 2024 and future periods, are based upon information available to the Company as of the date of this press release, which may change. Therefore, we caution you not to place undue reliance on our forward-looking statements. For more information regarding these risks and uncertainties as well as certain additional risks that we face, refer to the Risk Factors section, which appears in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024, and in next stories filed from while to while with the Securities and Trade Fee. We don’t intend to, and we reject any accountability or legal responsibility to, replace or revise any forward-looking statements to replicate unused knowledge or while occasions or for any alternative reason why. This dialogue is equipped as authorized by means of the Non-public Securities Litigation Reform Operate of 1995.
About Quaker Houghton
Quaker Houghton is the worldwide chief in commercial procedure fluids. With a presence world wide, together with operations in over 25 international locations, our shoppers come with hundreds of the arena’s maximum complicated and specialised metal, aluminum, automobile, aerospace, offshore, container, mining, and metalworking firms. Our high-performing, cutting edge and sustainable answers are subsidized by means of best-in-class generation, deep procedure wisdom and custom designed products and services. With roughly 4,400 workers, together with chemists, engineers and business mavens, we spouse with our shoppers to toughen their operations so they may be able to run much more successfully, much more successfully, no matter comes nearest. Quaker Houghton is headquartered in Conshohocken, Pennsylvania, positioned similar Philadelphia in the USA. Consult with quakerhoughton.com to be told extra.
SOURCE Quaker Houghton
