Deal Flow
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Transaction tear sheetData as of Nov 7, 2026
M&A · Energy · Industrial Inorganic Chemicals

Wynnchurch Capital to acquire Luxfer Holdings PLC

Announced Jul 27, 2026 · Pending Aug 26, 2026

Deal value$1.60BEV $1.60B
Premium30.7%To unaffected price
EV / Adj. EBITDA33.8x4.3x EV / Revenue
ConsiderationAll cash$17.37 per share

Transaction

Acquirer
Wynnchurch Capital
Target
Luxfer Holdings PLC (LXFR)
Buyer type
Strategic
Offer price per share
$17.37
Enterprise value
$1.60B
Status
Pending Aug 26, 2026

Deal protections

Break fee (target pays)
$18.0M · 1.1%
Reverse fee (buyer pays)
$32.3M · 2.0%
Go-shop
No-shop
Financing
Committed · Deutsche Bank

Advisors

To the acquirer
Lazard
To the target
Deutsche Bank

Sector context · Energy

Comparable deals
30 in the prior 24 months
Premium
30.7% vs. 35.5% sector median
EV / Adj. EBITDA
33.8x vs. 9.4x sector median
Break fee
1.1% vs. 3.0% sector median

Timeline

  1. AnnouncedJul 27, 2026
  2. Proxy filedAug 26, 2026
  3. Definitive proxySep 17, 2026
  4. Shareholder votePending
  5. ClosedPending

Valuation · fairness opinions

Future share price$16.05$21.05
Analyst price targets$19.00$22.00
Analyst price targets$17.15$19.70
Offer $17.37

Implied value per Luxfer Holdings PLC share by analysis, from Deutsche Bank · DCF discount rate 12.5%–14.5%.

Sources
  • 8-K (EX-99.1) · Jul 27, 2026
  • DEFA14A (EX-99.1) · Jul 27, 2026
  • 8-K (EX-99.1) · Nov 4, 2026

Adj. EBITDA is operating income + D&A + impairment, restructuring, deal costs and stock compensation, less any large gain on a sale, last twelve months, from the target's filings. Calculated by Castle, so it can differ from a bank's adjusted figure.

Prepared with Castle from public SEC EDGAR filings. Figures are extracted automatically; verify against the source documents. Not investment advice.