M&A Deal Summary

Entegris Acquires CMC Materials

On December 15, 2021, Entegris acquired chemicals company CMC Materials for 6.5B USD

Acquisition Highlights
  • This is Entegris’ 4th transaction in the Chemicals sector.
  • This is Entegris’ largest (disclosed) transaction.
  • This is Entegris’ 8th transaction in the United States.
  • This is Entegris’ 1st transaction in Illinois.

M&A Deal Summary
Date 2021-12-15
Target CMC Materials
Sector Chemicals
Buyer(s) Entegris
Deal Type Add-on Acquisition
Deal Value 6.5B USD
Advisor(s) Goldman Sachs (Financial)
Wachtell, Lipton, Rosen & Katz (Legal)

Target

CMC Materials

Aurora, Illinois, United States
CMC Materials is a supplier of CMP polishing slurries and CMP pads to the semiconductor industry. The company’s products play a critical role in the production of advanced semiconductor devices, helping to enable the manufacture of smaller, faster and more complex devices by its customers. CMC Materials was founded in 1999 and is based in Aurora, Illinois.

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Buyer(S) 1

Buyer

Entegris

Billerica, Massachusetts, United States
Category Company
Founded 1966
Sector Manufacturing
Employees8,000
Revenue 3.5B USD (2023)
DESCRIPTION

For more than 40 years, Entegris has been a provider of critical products and materials used in advanced high-technology manufacturing. These products and materials are often used to make the building blocks of many of the world's most complex microelectronic products, such as computers, mobile devices and phones, data storage components, televisions and monitors, and automobiles. Entegris was incorporated in 1966 and is based in Billerica, Massachusetts.

DEAL STATS #
Overall 11 of 12
Sector (Chemicals) 4 of 5
Type (Add-on Acquisition) 9 of 9
State (Illinois) 1 of 1
Country (United States) 8 of 9
Year (2021) 2 of 2
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-27 BASF SE - Precision Microchemicals Business

Ludwigshafen, Germany

BASF’s Precision Microchemicals Business develops, manufactures, and markets high purity materials, including cleaning chemistries and Chemical Mechanical Planarization (CMP) slurries used in the machining and surface conditioning of electronic materials.

Buy $90M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-10 KMG Chemicals

Fort Worth, Texas, United States

KMG Chemicals is a provider of specialty chemicals. KMG grows by acquiring and optimizing stable chemical product lines and businesses with established production processes. Its operations are focused on the electronic chemicals and performance products markets. KMG Chemicals is based in 1992 and is based in Fort Worth, Texas.

Buy -
Mergr

Product

Company

Legal