Ecovyst, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Chem32 Acquisition (Tables)

Chem32 Acquisition (Tables)

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

The following table sets forth the calculation and allocation of the purchase price to the identifiable net assets acquired with respect to the Acquisition, which was complete as of December 31, 2021:


	Purchase Price Allocation
Cash paid, net of cash acquired	$	42,639
Holdback	1,000
Total consideration, net of cash acquired	$	43,639

Recognized amounts of identifiable assets acquired and liabilities assumed:
Receivables	$	1,368
Inventories	204
Prepaid and other current assets	351
Property, plant and equipment	5,046
Other intangible assets	22,100
Other long-term assets	187
Fair value of assets acquired	29,256

Accounts payable	207
Accrued liabilities	188


Fair value of net assets acquired	28,861
Goodwill	14,778
	$	43,639

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The valuation of the intangible assets acquired and the related weighted-average amortization periods were as follows:


	Amount		Weighted-Average Expected Useful Life (in years)
Intangible assets subject to amortization:
Customer relationships	$	16,000	10
Technical know-how	3,800		10
Non-compete agreements	700		5
Trade names	1,600		10
Total intangible assets subject to amortization	$	22,100