Stepan Company Completes Acquisition

Ticker: SCL · Form: 8-K · Filed: 2025-04-29T00:00:00.000Z

Sentiment: neutral

Topics: acquisition, business-operations, financial-statements

TL;DR

Stepan Co just bought something new, filing shows.

AI Summary

On April 29, 2025, Stepan Company filed an 8-K to report the completion of an acquisition. The filing indicates that the acquisition is related to "Industrial Applications and Services" and provides financial statements and exhibits related to this event. Specific details regarding the acquired entity or the transaction's financial terms were not disclosed in this initial filing.

Why It Matters

This filing signals a strategic move by Stepan Company to expand its operations, potentially impacting its market position and future financial performance.

Risk Assessment

Risk Level: medium — Acquisitions inherently carry risks related to integration, valuation, and market reception, which could impact Stepan Company's financial health.

Key Players & Entities

FAQ

What specific assets or business did Stepan Company acquire?

The filing does not specify the exact assets or business acquired, only that it pertains to 'Industrial Applications and Services'.

What was the financial value of the acquisition?

The financial terms and dollar amounts of the acquisition are not disclosed in this 8-K filing.

When did the acquisition officially close?

The filing reports the completion of the acquisition as of April 29, 2025.

Are there any financial statements or exhibits attached to this filing?

Yes, the filing indicates that financial statements and exhibits related to the acquisition are included.

What is Stepan Company's primary business sector according to this filing?

Stepan Company is listed under the Standard Industrial Classification for 'SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]' and the acquisition is related to 'Industrial Applications and Services'.

From the Filing

0000950170-25-059547.txt : 20250429 0000950170-25-059547.hdr.sgml : 20250429 20250429070009 ACCESSION NUMBER: 0000950170-25-059547 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250429 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250429 DATE AS OF CHANGE: 20250429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STEPAN CO CENTRAL INDEX KEY: 0000094049 STANDARD INDUSTRIAL CLASSIFICATION: SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840] ORGANIZATION NAME: 08 Industrial Applications and Services EIN: 361823834 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04462 FILM NUMBER: 25882587 BUSINESS ADDRESS: STREET 1: EDENS & WINNETKA ROAD CITY: NORTHFIELD STATE: IL ZIP: 60093 BUSINESS PHONE: 8474467500 MAIL ADDRESS: STREET 1: EDENS & WINNETKA ROAD CITY: NORTHFIELD STATE: IL ZIP: 60093 FORMER COMPANY: FORMER CONFORMED NAME: STEPAN CHEMICAL CO /DE/ DATE OF NAME CHANGE: 19840108 8-K 1 scl-20250429.htm 8-K 8-K false 0000094049 0000094049 2025-04-29 2025-04-29   \ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 29, 2025 STEPAN COMPANY (Exact name of registrant as specified in its charter) Commission File Number: 1-4462 Delaware 36-1823834 (State or other jurisdiction of incorporation) (IRS Employer Identification No.) 1101 Skokie Boulevard , Suite 500 , Northbrook , IL 60062 (Address of principal executive offices, including zip code) ( 847 ) 446-7500 (Registrant’s telephone number, including area code) (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))       Securities registered pursuant to Section 12(b) of the Act:     Title of each class     Trading Symbol(s)   Name of Each exchange on which registered   Common Stock, $1 par value   SCL   New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐               Item 2.02. Results of Operations and Financial Condition   On April 29, 2025, Stepan Company (“Stepan”) issued a press release providing its financial results for the quarter ended March 31, 2025. A copy of the press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.   Item 8.01. Other Events   On April 29, 2025, Stepan issued a press release announcing that its Board of Directors had declared a quarterly cash dividend on its common stock of $0.385 per share. The dividend will be paid on June 13, 2025, to common stockhold

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