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Stock impact report

NewMarket Corporation Completes the Acquisition of Calca Solutions, LLC

NewMarket Corp (NEU) 
Company Research Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) today announced that it has completed the acquisition of Mars TopCo, LLC, the ultimate parent company of Calca Solutions, LLC (Calca). Calca was previously a portfolio company of AE Industrial Partners, LP.Headquartered in Lake Charles, Louisiana, Calca is the nation’s leading producer of UltraPure and high-purity hydrazine – essential, mission-critical propellants that enable advanced aerospace and defense applications. Calca’s products are integral to in-space propulsion systems for satellites, space probes, and other vehicles that operate in the most demanding environments. For more than 70 years, Calca has been the trusted supplier of high-purity hydrazine to the U.S. Department of Defense’s Defense Logistics Agency – Energy.With a team of approximately 30 employees and annual revenue of less than $100 million, Calca combines expert technical know-how with a proven legacy of reliability, safety, and performance. Show less Read more
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