Business Acquisitions (Tables)

9 Months Ended

Sep. 30, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Business Combination

The following table presents the preliminary estimated fair values of Dipsol assets acquired and liabilities assumed as of the acquisition date:

Dipsol Assets Acquired and Liabilities Assumed Dollars in thousands	Estimated Fair Value (1)
Fair value of assets acquired
Cash and cash equivalents	$	30,084
Accounts receivable, net	16,481
Inventories	17,962
Prepaid expenses and other current assets	1,231
Property, plant and equipment, net	39,450
Right-of-use lease assets	2,534
Other intangible assets, net	55,000
Investments in associated companies	5,096
Other non-current assets	4,687
Total Assets Acquired	$	172,526
Fair value of liabilities assumed
Accounts payable	$	6,763
Accrued compensation	1,528
Other accrued liabilities	1,869
Long-term lease liabilities	1,446
Deferred income tax liabilities	25,898
Total Liabilities Assumed	$	37,504
Noncontrolling interest	(2,451)
Goodwill	53,042
Total Consideration	$	185,613

1.The Company recorded approximately $0.2 million of measurement period adjustments in the third quarter of 2025 to reflect changes in net working capital. All measurement period adjustments were offset against goodwill.

Business Combination, Intangible Asset, Acquired, Finite-Lived

The following table presents the intangible assets recognized for each reportable segment:

	Americas		EMEA		Asia/Pacific		Total
Customer Relationships	$	3,500	$	200	$	26,300	$	30,000
Product Technologies	—		—		18,000		18,000
Trademarks	—		—		7,000		7,000
Total Intangibles	$	3,500	$	200	$	51,300	$	55,000