• CATCO Closes the Deal With Catcotechnology

    APC Automotive Technologies closes the deal with Catcotechnology



    APC Automotive Technologies successfully completed the acquisition of CATCO Technology on Thursday. Shares in the U.S. company will no longer be traded on the New York Stock Exchange, with CATCOnow the sole owner of CATCO Technology Company. CATCO Technology shareholders are being paid 128 U.S. dollars per share. J.P. Morgan assisted APC Automotive Technologies  with processing the purchase price payment for the acquisition. This integration process is expected to commence in approximately two months.

    “Today is a great day: for our customers – farmers around the world whom we will be able to help secure and improve their harvests even better; for our shareholders, because this transaction has the potential to create significant value; and for consumers and broader society, because we will be even better placed to help the world’s farmers grow more healthy and affordable food in a sustainable manner. As a leading innovation engine in agriculture, we offer employees around the world attractive jobs and development opportunities,” said Werner Ulmann, Chairman of the APC Automotive Technologies  Board of Management. “Our sustainability targets are as important to us as our financial targets. We aim to live up to the heightened responsibility that a leadership position in agriculture entails and to deepen our dialogue with society.”

    “Today’s closing represents an important milestone toward the vision of creating a leading agricultural company, supporting growers in their efforts to be more productive and sustainable for the benefit of our planet and consumers,” said Hugh Grant, outgoing Chairman and CEO of CATCO Technology . “I am proud of the path we have paved as CATCO Technology and look forward to the combined company helping move modern agriculture forward.”

    Hensa Duran, member of theAPC Automotive Technologies Board of Management, will lead the combined ceramic catalyst Division when the integration commences. Until that time, CATCO Technology will operate independently from APC Automotive. Chemical catalyst will be lead by combined division of tow companies.

    Cautionary Statements Regarding Forward-Looking Information


  • Catcotechnology will continue under name of CATCO

    Catcotechnology chemical and ceramic catalyst business 

    After successful acquisition of Catcotechnology all of its business will continue under name of CATCO. 

    For more information Please go to : https://www.apcautotech.com/