Quaker Houghton filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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INFORMATION TO BE INCLUDED IN THE REPORT
Item 8.01 | Other Events. |
Quaker Chemical Corporation (the “Company” or “Quaker Houghton”) entered into a purchase agreement on March 25, 2025 (the “Purchase Agreement”) to acquire Dipsol Chemicals Co., Ltd. (“Dipsol”), a company headquartered in Japan and a leading supplier of surface treatment and plating solutions and services primarily for the automotive and other industrial applications. The transaction is expected to close in the second quarter of 2025 and is subject to applicable regulatory approvals and certain other customary conditions.
The Company expects the acquisition of Dipsol to provide significant cross-selling capabilities and enhance Quaker Houghton’s ability to meet and exceed the needs of its customers across the globe.
A copy of the press release, dated March 25, 2025, announcing the transaction is attached as Exhibit 99.1.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This Current Report on Form 8-K contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements can be identified by the fact that they do not relate strictly to historical or current facts. We have based these forward-looking statements on our current expectations about future events. These forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, intentions, financial condition, results of operations, future performance, and business, which may differ materially from our actual results, including but not limited to the potential benefits of acquisitions and divestitures, the impacts on our business as a result of global supply chain constraints, and our current and future results and plans and statements that include the words “may,” “could,” “should,” “would,” “believe,” “expect,” “anticipate,” “estimate,” “intend,” “outlook,” “target,” “possible,” “potential,” “plan” or similar expressions. Such statements include information relating to current and future business activities, operational matters, capital spending, and financing sources. All forward-looking statements included in this Current Report on Form 8-K, including expectations about business conditions during 2025 and future periods, are based upon information available to the Company as of the date of this Current Report on Form 8-K, which may change. Therefore, we caution you not to place undue reliance on our forward-looking statements. For more information regarding these risks and uncertainties as well as certain additional risks that we face, refer to the Risk Factors section, which appears in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024, and in subsequent reports filed from time to time with the Securities and Exchange Commission. We do not intend to, and we disclaim any duty or obligation to, update or revise any forward-looking statements to reflect new information or future events or for any other reason. This discussion is provided as permitted by the Private Securities Litigation Reform Act of 1995.
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Item 9.01 | Financial Statements and Exhibits. |
The following exhibits are included as part of this Current Report on Form 8-K:
Exhibit No. | Description |
99.1 | Press Release of Quaker Chemical Corporation dated March 25, 2025 (furnished herewith). |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
QUAKER CHEMICAL CORPORATION | ||
Date: March 27, 2025 | By: | /s/ Robert T. Traub |
Robert T. Traub | ||
Senior Vice President, General Counsel and Corporate Secretary |
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