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BRIEF-KMG to acquire Flowchem LLC

April 24 KMG Chemicals Inc:

* KMG to acquire Flowchem LLC

* Transaction is expected to be highly accretive to EBITDA, margin and adjusted earnings per share

* Says KMG will acquire Flowchem for a purchase price of $495 million in cash

* Says deal price includes working capital of approximately $17 million

* KMG Chemicals Inc says acquisition and associated transaction expenses will be funded with committed financing

* KMG Chemicals - signed definitive agreement to acquire Flowchem, a manufacturer of pipeline performance products, from Arsenal capital partners Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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