Atotech Commences Initial Public Offering
January 25 2021 - 8:05AM
Atotech Limited (“Atotech”), a leading specialty chemicals
technology company and a market leader in advanced electroplating
solutions, has commenced an initial public offering of 34,146,000
of its common shares. The underwriters of the offering will also
have a 30-day option to purchase up to an additional 5,121,900
common shares from certain affiliates of The Carlyle Group Inc.
(the “selling shareholders”). The initial public offering price is
expected to be between $19.00 and $22.00 per share and the offering
is being made pursuant to a registration statement on Form F-1
previously filed with the U.S. Securities and Exchange Commission
(“SEC”). Atotech has applied to list its common shares on the New
York Stock Exchange under the ticker symbol “ATC.”
Citigroup, Credit Suisse, BofA Securities and J.P. Morgan are
lead book-running managers for the proposed initial public
offering. Additional book-running managers are Barclays, Deutsche
Bank Securities, Jefferies, RBC Capital Markets, UBS Investment
Bank, Baird, BMO Capital Markets and HSBC. The co-managers are TCG
Capital Markets L.L.C. and Mischler Financial Group, Inc.
The offering will be made only by means of a prospectus. Copies
of the preliminary prospectus relating to the proposed initial
public offering may be obtained from Citigroup Global Markets Inc.,
c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, Attn: Prospectus Department, Telephone: (800)
831-9146; Credit Suisse Securities (USA) LLC, 6933 Louis Stephens
Drive, Morrisville, NC 27560, Attn: Prospectus Department,
Telephone: (800) 221-1037, Email: usa.prospectus@credit-suisse.com;
BofA Securities, NC1-004-03-43, 200 North College Street, 3rd
floor, Charlotte, NC 28255-0001, Attn: Prospectus Department,
Email: dg.prospectus_requests@bofa.com; and J.P. Morgan Securities
LLC, c/o Broadridge Financial Solutions, 1155 Long Island Ave.,
Edgewood, NY 11717, Attn: Prospectus Department, Telephone: (866)
803-9204, Email: prospectus-eq_fi@jpmchase.com.
A registration statement on Form F-1 relating to these
securities has been filed with the SEC but has not yet become
effective. These securities may not be sold nor may offers to buy
be accepted prior to the time the registration statement becomes
effective. This press release shall not constitute an offer to sell
or the solicitation of an offer to buy, nor shall there be any sale
of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
Cautionary Statement Concerning Forward-Looking
Statements This release contains certain forward-looking
statements regarding Atotech and its subsidiaries and the initial
public offering of Atotech’s common shares. All of these statements
are based on management’s expectations as well as estimates and
assumptions prepared by management that, although management
believes them to be reasonable, are inherently uncertain. These
statements involve risks and uncertainties, including, but not
limited to, economic, competitive, governmental and technological
factors outside of Atotech’s control that may cause its business,
industry, strategy, financing activities or actual results to
differ materially. Atotech undertakes no obligation to update or
revise any of the forward-looking statements contained herein,
whether as a result of new information, future events or otherwise.
The pricing information presented herein has been provided for
indicative purposes only, is an estimate and remains subject to
change.
About AtotechAtotech is a leading specialty
chemicals technology company and a market leader in advanced
electroplating solutions. Atotech delivers chemistry, equipment,
services and software for innovative technology applications
through an integrated systems-and-solutions approach. Atotech
solutions are used in a wide variety of end-markets, including
smartphones and other consumer electronics, communications
infrastructure, and computing, as well as in numerous industrial
and consumer applications such as automotive, heavy machinery, and
household appliances.
Atotech, headquartered in Berlin, Germany, is a team of 4,000
experts in over 40 countries generating annual revenues of
$1.2 billion (2019). Atotech has manufacturing operations
across Europe, the Americas, and Asia. With its well-established
innovative strength and industry-leading global TechCenter network,
Atotech delivers pioneering solutions combined with unparalleled
on-site support for over 8,000 customers worldwide.
Contacts:
Paul Goldberg+1 803 504 4731paul.goldberg@atotech.com
Susanne Richter+49 30 349 85 418press@atotech.com
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