Kensing, LLC entered into an agreement to acquire Amphoteric Surfactants and Specialty Esters Manufacturing Operations in Hopewell, Virginia from Evonik Industries AG (XTRA:EVK) on July 28, 2022. The transaction is subject to regulatory approvals and customary closing conditions. The transaction is expected to close in the third quarter of 2022.

Kensing, LLC completed the acquisition of Amphoteric Surfactants and Specialty Esters Manufacturing Operations in Hopewell, Virginia from Evonik Industries AG (XTRA:EVK) on November 1, 2022. Daiwa Capital Markets America Inc. acted as financial advisor to Evonik Industries AG. William Schwitter of Allen & Overy LLP acted as a legal advisor to Evonik Industries AG.