Gates Corporation To Acquire Timken’s Belts Business - Pulse 2.0
Gates→Timken belts business
May 2, 2026

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Ecovyst has agreed to acquire Calabrian Sulfur Dioxide & Sulfur Derivatives Business, a chemical manufacturing business in Texas, for $190 million. Ecovyst acquisitions focus on sulfur dioxide and sulfur derivatives production, supporting industrial supply chains and downstream chemical manufacturing needs. The Calabrian Sulfur Dioxide & Sulfur Derivatives Business acquisition strengthens Ecovyst’s platform acquisition strategy in TX acquisitions tied to sulfur-based feedstocks. The manufacturing M&A is a strategic acquisition with platform acquisition positioning, sized above $100M, and is expected to close under agreed terms for $23.7 million plus the remaining consideration.
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