Press Release : Atotech Commences Initial Public Offering

   BERLIN, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Atotech Limited ("Atotech"), a 
leading specialty chemicals technology company and a market leader in 
advanced electroplating solutions, has commenced an initial public 
offering of 34,146,000 of its common shares. The underwriters of the 
offering will also have a 30-day option to purchase up to an additional 
5,121,900 common shares from certain affiliates of The Carlyle Group 
Inc. (the "selling shareholders"). The initial public offering price is 
expected to be between $19.00 and $22.00 per share and the offering is 
being made pursuant to a registration statement on Form F-1 previously 
filed with the U.S. Securities and Exchange Commission ("SEC"). Atotech 
has applied to list its common shares on the New York Stock Exchange 
under the ticker symbol "ATC." 
 
   Citigroup, Credit Suisse, BofA Securities and J.P. Morgan are lead 
book-running managers for the proposed initial public offering. 
Additional book-running managers are Barclays, Deutsche Bank Securities, 
Jefferies, RBC Capital Markets, UBS Investment Bank, Baird, BMO Capital 
Markets and HSBC. The co-managers are TCG Capital Markets L.L.C. and 
Mischler Financial Group, Inc. 
 
   The offering will be made only by means of a prospectus. Copies of the 
preliminary prospectus relating to the proposed initial public offering 
may be obtained from Citigroup Global Markets Inc., c/o Broadridge 
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attn: 
Prospectus Department, Telephone: [phone]; Credit Suisse 
Securities (USA) LLC, 6933 Louis Stephens Drive, Morrisville, NC 27560, 
Attn: Prospectus Department, Telephone: [phone], Email: 
[e-mail]; BofA Securities, NC1-004-03-43, 200 
North College Street, 3rd floor, Charlotte, NC 28255-0001, Attn: 
Prospectus Department, Email: [e-mail]; and J.P. 
Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long 
Island Ave., Edgewood, NY 11717, Attn: Prospectus Department, Telephone: 
[phone], Email: [e-mail]. 
 
   A registration statement on Form F-1 relating to these securities has 
been filed with the SEC but has not yet become effective. These 
securities may not be sold nor may offers to buy be accepted prior to 
the time the registration statement becomes effective. This press 
release shall not constitute an offer to sell or the solicitation of an 
offer to buy, nor shall there be any sale of these securities in any 
state or jurisdiction in which such offer, solicitation or sale would be 
unlawful prior to registration or qualification under the securities 
laws of any such state or jurisdiction. 
 
   Cautionary Statement Concerning Forward-Looking Statements 
 
   This release contains certain forward-looking statements regarding 
Atotech and its subsidiaries and the initial public offering of 
Atotech's common shares. All of these statements are based on 
management's expectations as well as estimates and assumptions prepared 
by management that, although management believes them to be reasonable, 
are inherently uncertain. These statements involve risks and 
uncertainties, including, but not limited to, economic, competitive, 
governmental and technological factors outside of Atotech's control that 
may cause its business, industry, strategy, financing activities or 
actual results to differ materially. Atotech undertakes no obligation to 
update or revise any of the forward-looking statements contained herein, 
whether as a result of new information, future events or otherwise. The 
pricing information presented herein has been provided for indicative 
purposes only, is an estimate and remains subject to change. 
 
   About Atotech 
 
   Atotech is a leading specialty chemicals technology company and a market 
leader in advanced electroplating solutions. Atotech delivers chemistry, 
equipment, services and software for innovative technology applications 
through an integrated systems-and-solutions approach. Atotech solutions 
are used in a wide variety of end-markets, including smartphones and 
other consumer electronics, communications infrastructure, and computing, 
as well as in numerous industrial and consumer applications such as 
automotive, heavy machinery, and household appliances. 
 
   Atotech, headquartered in Berlin, Germany, is a team of 4,000 experts in 
over 40 countries generating annual revenues of $1.2 billion (2019). 
Atotech has manufacturing operations across Europe, the Americas, and 
Asia. With its well-established innovative strength and industry-leading 
global TechCenter network, Atotech delivers pioneering solutions 
combined with unparalleled on-site support for over 8,000 customers 
worldwide. 
 
   Contacts: 
 
   Paul Goldberg 
 
   [phone] 
 
   [e-mail] 
 
   Susanne Richter 
 
   [phone] 
 
   [e-mail] 
 
 
 
 

(END) Dow Jones Newswires

January 25, 2021 08:05 ET (13:05 GMT)