Luxfer Holdings has agreed to be acquired by affiliates of Wynnchurch Capital for $17.37 per share in cash. The purchase price represents a premium of about 30.7% over the closing price of $13.29 per share on April 28, the last trading day before Luxfer announced an active strategic review alongside its first-quarter results. The transaction is expected to close by 2026, after which Luxfer will become a privately held company. Luxfer also expects to release its second-quarter results on July 28.
Luxfer Holdings PLCAcquisition at 30.7% premium over last closing price