Below is a copy of our Proxy Statement and 2017 10-K. As you know, we are in the process of combining with Houghton International. Shortly after closing that transaction, we will send you a copy of a more complete review of 2017—in our traditional annual report format—that will give you more insight into the value we expect to capture joining these two strong companies together.
Our upcoming combination with Houghton International: We are in the process of obtaining regulatory approval for the transaction and our goal is to be completed in Q2 2018. So far, we have received approval from China and Australia and are waiting for U.S. Federal Trade Commission and European Commission to complete their reviews. We will continue to communicate information on the expected closing date as we hear more. The good news is that, because of the longer than expected regulatory review process, we have had more time to prepare for our integration. This means we will be ready to hit the ground running after closing.
As always, Quaker remains committed to delivering sustained growth and value to our shareholders.
Michael F. Barry
Chairman of the Board, Chief Executive Officer and President