CCF Stock Recent News

Shares of Chase Corp. CCF, -1.05% rallied more than 5% in the extended session Friday after The Wall Street Journal reported that the specialty-chemicals maker is working with advisers on a potential sale. According to the report, which cited people familiar with the matter, Chase has received multiple bids from private-equity firms and other industrial companies.

Pritzker Private Capital and others have submitted bids.

Chase Corporation reported robust revenues, earnings, and free cash flows, despite the challenging economic environment. The acquisition of NuCera Solutions played a significant role in the company's growth, but there were also signs of improvement in market conditions.

Chase Corporation is a high-quality small-cap company that remains unknown to many investors. The company has a strong balance sheet, has grown at 8% per year over the last 10 years, and generates consistent cash flows that are effectively reinvested into the company.

Chase Corporation has long been a hidden gem in the industrial space. Shares have been trading stagnant for years, as multiples have come down over time.