Innophos Holdings, Inc., an international producer of essential ingredients for food & beverage, health & nutrition and industrial brands, has entered into a definitive agreement with a One Rock Capital Partners, LLC affiliate to acquire all Innophos outstanding shares in a transaction valued at approximately $932 million, including the assumption of debt. The transaction is expected to close in the first quarter of next year, subject to stockholder and regulatory approvals and customary closing conditions. Upon the completion, Innophos will become a privately held company.
One Rock poised to acquire Innophos Holdings, Inc.
Innophos board of directors unanimously approve transaction
Oct 23rd, 2019