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Technip Energies Acquires Ecovyst's Advanced Materials, Catalysts Business

MT Newswires·01/02/2026 01:45:30
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01:45 AM EST, 01/02/2026 (MT Newswires) -- Technip Energies (TE.PA) said Friday it completed the purchase of Ecovyst's Advanced Materials & Catalysts business, strengthening its capabilities in advanced catalysts. The acquired unit will retain its existing leadership team, with 330 employees joining the French engineering and technology group. The company expects the acquisition to be immediately accretive to earnings and cash flow.