Wynnchurch Capital to Acquire Luxfer Holdings PLC in Take-Private Transaction

About this update from Luxfer Holdings Plc

ROSEMONT, Ill., July 27, 2026--(BUSINESS WIRE)--Wynnchurch Capital, L.P. ("Wynnchurch") and Luxfer Holdings PLC (NYSE: LXFR) ("Luxfer" or the "Company") today announced that they have entered into a definitive agreement under which an affiliate of Wynnchurch will acquire Luxfer in an all-cash transaction. Upon completion of the transaction, Luxfer will become a privately held company. Luxfer is a global manufacturer of highly engineered advanced materials and components serving aerospace, defense and other mission-critical end markets. The Company operates through two market-leading segments, Elektron and Gas Cylinders, and maintains longstanding relationships with a diversified, blue-chip customer base. "This transaction delivers compelling and certain value to our shareholders while positioning Luxfer for its next phase of growth," said Andy Butcher, Chief Executive Officer of Luxfer. "Wynnchurch understands technically complex industrial businesses and shares our commitment to Luxfer's employees, customers and long-term growth. We look forward to partnering with the Wynnchurch team as we begin this next chapter as a private company." "Luxfer is a differentiated advanced materials company with leading technical capabilities, deep metallurgical expertise and mission-critical products serving attractive aerospace, defense and demanding industrial end markets," said Greg Gleason, Managing Partner at Wynnchurch. "We have tremendous respect for the business and management team and look forward to supporting the Company with long-term capital, operational resources and sector expertise." Brian Riordan, Managing Director at Wynnchurch, added, "We see meaningful opportunities to invest in innovation, operational excellence, automation, capacity expansion and commercial growth across both of Luxfer's segments. We also believe the Company is well positioned to pursue complementary acquisitions that can broaden its capabilities, product portfolio and geographic reach." The transaction is currently expected to be completed prior to the end of 2026, subject to approval of Luxfer shareholders, receipt of regulatory approvals and customary closing conditions. Lazard is acting as financial advisor to Wynnchurch, and Kirkland & Ellis LLP is acting as legal advisor to Wynnchurch. Deutsche Bank Securities Inc. is acting as exclusive financial advisor to Luxfer, and Fr...

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