Deal facts
- Buyer
- Johnson Matthey Plc
- Target
- CORMETECH Inc.
- Deal value
- USD 360,000,000
- Announced
- 28 May 2026
- Status
- Firm intention
- Sector
- Energy
- Country
- United States
- Consideration
- cash, earn-out
Sources
Johnson Matthey Plc has agreed to acquire CORMETECH Inc. in a strategic acquisition valued at 360 million USD. The transaction involves a mixed consideration structure comprising cash and an earn-out component. This deal represents a cross-border move where the UK-based buyer targets the US-headquartered energy firm. The announcement was made on 28 May 2026, establishing the formal terms of the proposed combination between the two entities.
The transaction remains in the firm intention stage and is currently subject to regulatory approval and other customary closing conditions. Completion has not yet occurred as the deal has not been finalised. No specific completion date has been reported at this time. The agreement allows the buyer to integrate the target's technology into its existing portfolio within the energy sector. Further updates regarding the finalisation of the deal will follow once all necessary approvals are secured.
More M&A Tools
Explore the Toolkit
Tools, frameworks and AI assistants designed for entrepreneurs serious about M&A.
Access nowDeal timeline
1 update- Firm intention
Johnson Matthey acquisition of Cormetech
Disclaimer* 28 th May 2026 Johnson Matthey Plc THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION JM to acquire Cormetech, materially enhancing scale in Clean Air Solutions Johnson Matthey Plc ("JM" or the "Group") is pleased to announce that it has reached an agreement to acquire CORMETECH Inc. ("Cormetech"), the leading and high-growth US manufacturer of Selective Cat
LSE RNS
Explore
Browse adjacent archives
Jump from this deal into the sector, buyer, deal type, and year views that carry the strongest contextual signal.
Similar deals
Similar deals
Other Energy M&A activity tracked by Exit Mode.
Helix Exploration PLC to acquire Keyes Helium Complex
Helix Exploration PLC has agreed to acquire Keyes Helium Complex in a strategic acquisition valued at $11 million. The transaction, announced and completed on 13 July 20…
- Buyer
- Helix Exploration PLC
- Target
- Keyes Helium Complex
- Deal value
- USD 11,000,000
- Deal type
- strategic acquisition
E.ON SE to acquire OVO Energy Ltd
E.ON SE has agreed to acquire OVO Energy Ltd in a strategic acquisition. The German energy giant is purchasing the British utility provider, which operates within the en…
- Buyer
- E.ON SE
- Target
- OVO Energy Ltd
- Deal value
- Not disclosed
- Deal type
- strategic acquisition
Alien Metals Limited to acquire Knox Resources Pty Ltd
Alien Metals Limited and Knox Resources Pty Ltd entered the Exit Mode archive.
- Buyer
- Alien Metals Limited
- Target
- Knox Resources Pty Ltd
- Deal value
- GBP 200,000
- Deal type
- strategic acquisition
Genel Energy No.9 Limited to acquire Capricorn Energy plc
Genel Energy No.9 Limited has agreed to acquire Capricorn Energy plc in a strategic acquisition valued at USD 360 million. The transaction involves a cash consideration…
- Buyer
- Genel Energy No.9 Limited
- Target
- Capricorn Energy plc
- Deal value
- USD 360,000,000
- Deal type
- strategic acquisition
GoldOz Ltd to acquire Global Asset Resources Ltd
GoldOz Ltd has agreed to acquire Global Asset Resources Ltd in a strategic acquisition. The transaction involves a mixed consideration structure comprising cash, shares,…
- Buyer
- GoldOz Ltd
- Target
- Global Asset Resources Ltd
- Deal value
- Not disclosed
- Deal type
- strategic acquisition
Buyer history
Johnson Matthey Plc
See every published Exit Mode archive entry where this buyer appears.
View buyer profileMethodology
How this page is built
Layer 1 facts come from source documents, Layer 2 turns those facts into a readable narrative, and Layer 3 only appears where the editorial team flags a founder-relevant deal.
Back to the archive