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Chase Corporation - $CCF STOCK NEWS

Welcome to our dedicated page for Chase Corporation news (Ticker: $CCF), a resource for investors and traders seeking the latest updates and insights on Chase Corporation stock.

Chase Corporation, symbol: CCF, is a premier manufacturer of protective materials designed for high-reliability applications. With over 70 years of industry experience, Chase Corporation excels in developing high-performance industrial coatings, tapes, adhesives, and sealants, which are marketed under some of the most trusted brand names in their respective industries.

Headquartered in Westwood, Massachusetts, USA, Chase Corporation employs over 700 people and operates state-of-the-art manufacturing facilities in the United States, Europe, and Asia. The company has built a strong reputation for innovation and quality, driven by a related diversification strategy that combines organic growth initiatives with strategic acquisitions.

The company's portfolio includes widely recognized brands such as CEVA Systems®, C.I.M.® Industries, Chase Protective Coatings®, Chase & Sons®, Dualite®, HumiSeal®, Maflowrap®, NEPTCO®, Paper Tyger®, Resin Designs®, Rosphalt®, Royston®, Serviwrap®, Tapecoat®, Stewart Superabsorbents®, 4EvaSeal®, and Zappa-Tec®. These brands cater to diverse industries, ensuring that Chase Corporation meets the varying needs of its broad customer base.

Recent achievements and ongoing projects illustrate Chase Corporation's commitment to growth and innovation. The company continues to invest in its capabilities, ensuring that it can deliver the value and reliability its global customers demand.

For the latest news and updates on Chase Corporation, including performance metrics, events, and developments, visit StockTitan.

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Inogen, Inc. (Nasdaq: INGN) has appointed Michael Bourque as the new Chief Financial Officer, effective March 4, 2024. Bourque brings extensive experience from his roles at Chase Corporation, Keystone Dental, Analogic Corporation, and Axcelis Technologies. Inogen's President and CEO, Kevin Smith, expressed excitement over Bourque's appointment, highlighting his ability to help the company continue delivering superior respiratory solutions. The former Interim CFO, Mike Sergesketter, will remain in an advisory role during the transition. Bourque's appointment marks a pivotal point in Inogen's story, with a focus on delivering value to patients and shareholders.
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Chase Corporation (CHSC) announces its acquisition by affiliates of KKR for $127.50 per share, resulting in the delisting of its common stock from the NYSE American. The acquisition aims to drive strategic growth and innovation, with KKR's commitment to employee engagement and a strong track record in the materials science space. Adam Chase, President and CEO, expresses optimism about the cultural fit with KKR, while Lance Reisman assumes the role of Chairman of the Board of Directors to support future growth and employee ownership initiatives.
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Chase Corporation shareholders approve merger agreement with Formulations Parent Corporation.
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Chase Corporation has entered into a definitive agreement to be acquired by an affiliate of KKR for approximately $1.3 billion. Shareholders will receive $127.50 per share in cash. The transaction is valued at approximately 13 times trailing-twelve-months EBITDA. The acquisition is expected to close in Q4 2023, subject to shareholder and regulatory approvals.
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Chase Corporation reports a 20.3% increase in quarterly revenue and a reduction in inventory. Gross margin declined due to lower margins from the NuCera business and inventory reduction initiatives. The company is actively executing an inventory reduction plan and making debt payments. Adhesives, Sealants and Additives segment revenue increased by 50% due to inorganic growth from NuCera. Industrial Tapes segment revenue increased by 7% due to sales price increases and increased demand. Corrosion Protection and Waterproofing segment revenue decreased by 21% due to lower sales volume.
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FAQ

What does Chase Corporation do?

Chase Corporation manufactures protective materials such as industrial coatings, tapes, adhesives, and sealants for high-reliability applications.

Where is Chase Corporation headquartered?

Chase Corporation is headquartered in Westwood, Massachusetts, USA.

How many people does Chase Corporation employ?

Chase Corporation employs over 700 people globally.

What are some of the key brands of Chase Corporation?

Key brands include CEVA Systems®, C.I.M.® Industries, Chase Protective Coatings®, Chase & Sons®, Dualite®, HumiSeal®, and more.

How does Chase Corporation grow its business?

Chase Corporation employs a related diversification strategy combining organic growth initiatives with strategic acquisitions.

Where are Chase Corporation's manufacturing facilities located?

Chase Corporation has manufacturing facilities in the United States, Europe, and Asia.

How long has Chase Corporation been in business?

Chase Corporation has been in business for over 70 years.

What industries does Chase Corporation serve?

Chase Corporation serves a variety of industries that require high-performance protective materials.

Is Chase Corporation publicly traded?

Yes, Chase Corporation is publicly traded under the symbol CCF.

Where can I find the latest news about Chase Corporation?

You can find the latest news and updates about Chase Corporation on the StockTitan website.

Chase Corporation

Nasdaq:CCF

CCF Rankings

CCF Stock Data

1.21B
6.85M
21.09%
72.07%
3.12%
All Other Basic Organic Chemical Manufacturing
Manufacturing
Link
United States
Westwood