QUAKER CHEMICAL CORPORATION (NYSE:KWR) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
On July 27, 2017, Quaker Chemical Corporation (“Quaker Chemical”) announced its results of operations for the second quarter ended June 30, 2017 in a press release, the text of which is included as Exhibit 99.1 hereto. Supplemental information related to the same period is also included as Exhibit 99.2 hereto.
As previously reported on a Current Report on Form 8-K, on April 4, 2017, Quaker Chemical entered into a Share Purchase Agreement with Gulf Houghton Lubricants, Ltd., an exempted company incorporated under the laws of the Cayman Islands, Global Houghton Ltd., an exempted company incorporated under the laws of the Cayman Islands, and certain members of the management of Global Houghton and Gulf Houghton Lubricants, Ltd., as agent for the Sellers.
The press release with respect to the Quaker Chemical results of operations discussed above under Item 2.02 contains a paragraph providing an update regarding certain developments with respect to the transaction under the heading, “Houghton Combination.” That paragraph of the press release is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
The following exhibits are included as part of this report:
| Exhibit No. | |
| 99.1 | Press Release of Quaker Chemical Corporation dated July 27, 2017. |
| 99.2 | Supplemental Information related to second quarter ended June 30, 2017. |
Additional Information and Where to Find It
In connection with the proposed transaction, QuakerChemicalwill file a proxy statement with the Securities and Exchange Commission. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THIS PROXY STATEMENT WHEN IT BECOMES AVAILABLE, BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders may obtain a free copy of the proxy statement (when available) and other documents filed by QuakerChemicalwith the Commission at the Commission's web site at http://www.sec.gov. Free copies of the proxy statement, once available, and of QuakerChemical’s other filings with the Commission may also be obtained from the Company by directing a request to: VictoriaK.Gehris, Investor Relations, +1.610.832.4246.
QuakerChemicaland its directors, executive officers and other members of its management may solicit proxies from its shareholders in favor of the transaction. Information concerning such persons who may be considered participants in the solicitation of QuakerChemical’s shareholders under the rules of the Commission will be set forth in the definitive proxy statement to be filed by Quaker with the Commission in connection with the transaction.
QUAKER CHEMICAL CORP ExhibitEX-99.1 2 v471693_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 NEWS Contact: Mary Dean Hall Vice President,…To view the full exhibit click here
About QUAKER CHEMICAL CORPORATION (NYSE:KWR)
Quaker Chemical Corporation is engaged in providing process fluids, chemical specialties and technical expertise to a range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans and others. The Company operates through four segments: North America, the Europe; Middle East and Africa (EMEA); Asia/Pacific, and South America. The Company develops, produces and markets a range of formulated chemical specialty products. The Company’s principal products and services include rolling lubricants, corrosion preventives, metal finishing compounds, machining and grinding compounds, forming compounds, bio-lubricants, hydraulic fluids, chemical milling maskants, temporary and permanent coatings, construction products, specialty greases, die casting lubricants and programs to provide chemical management services (CMS). The Company offers CMS for various heavy industrial and manufacturing applications.