Key Takeaways
- • Luxfer Holdings PLC agreed to be acquired by Wynnchurch Capital in an all-cash take-private transaction valued at $462.7 million, or $17.37 per share, representing a 30.7% premium to shareholders.
- • The acquisition will delist Luxfer from the New York Stock Exchange, converting the Riverside, California-based industrial company into a privately held entity upon transaction completion.
- • Transaction expected to close before year-end 2026, subject to Luxfer shareholder approval and customary regulatory conditions; the deal will be executed through Double Eagle Acquisition Buyer, a vehicle owned by funds managed by Wynnchurch Capital.
- • Wynnchurch Capital, a $9.1 billion AUM private equity firm focused on middle-market investments ($50 million to $750 million), will acquire Luxfer as an add-on to its industrial portfolio.
Summary
The acquisition will be executed through Double Eagle Acquisition Buyer, a special purpose vehicle owned by funds managed by Wynnchurch Capital. Upon completion of the transaction, Luxfer will cease to be a publicly listed company, with its ordinary shares delisted from the New York Stock Exchange. The company will transition to privately held status under Wynnchurch's ownership.
The transaction is expected to close prior to the end of 2026, contingent upon approval by Luxfer shareholders and receipt of customary regulatory approvals and closing conditions. Wynnchurch Capital, a private equity firm with $9.1 billion in assets under management, focuses on equity investments in middle-market companies ranging from $50 million to $750 million in deal size. Luxfer, a Riverside, California-based industrial company, will join Wynnchurch's portfolio of operational businesses.
The all-cash structure and specified closing timeline provide shareholders with certainty of consideration while allowing the private equity sponsor time to execute regulatory requirements and shareholder vote processes typical of take-private transactions.
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