M&A Deal Summary

FUJIFILM Holdings Acquires Entegris Electronic Chemicals

On October 2, 2023, FUJIFILM Holdings acquired chemicals company Entegris Electronic Chemicals from Entegris for 700M USD

Acquisition Highlights
  • This is FUJIFILM Holdings’ 1st transaction in the Chemicals sector.
  • This is FUJIFILM Holdings’ 3rd largest (disclosed) transaction.
  • This is FUJIFILM Holdings’ 6th transaction in the United States.
  • This is FUJIFILM Holdings’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2023-10-02
Target Entegris Electronic Chemicals
Sector Chemicals
Buyer(s) FUJIFILM Holdings
Sellers(s) Entegris
Deal Type Divestiture
Deal Value 700M USD

Target

Entegris Electronic Chemicals

Billerica, Massachusetts, United States
Entegris' Electronic Chemicals provides deposition and cleaning services at advanced nodes.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

FUJIFILM Holdings

Tokyo, Japan

Category Company
Founded 1934
Sector Electronics
Employees73,275
Revenue 2.96T JPY (2023)
DESCRIPTION

FUJIFILM Holdings is the holding company of the Fujifilm Group with three operating companies, FUJIFILM Corporation, Fuji Xerox Co., Ltd. and Toyama Chemical Co., Ltd. under its umbrella. Fujifilm develops products and services in fields ranging from film and photo-taking through to photo development and printing. FUJIFILM Holdings was founded in 1934 and is based in Tokyo, Japan.


DEAL STATS #
Overall 8 of 8
Sector (Chemicals) 1 of 1
Type (Divestiture) 3 of 3
State (Massachusetts) 1 of 1
Country (United States) 6 of 6
Year (2023) 1 of 1
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-23 Shenandoah Biotechnology

Warminster, Pennsylvania, United States

Shenandoah Biotechnology is a biotechnology company manufactures recombinant proteins for research applications. Shenandoah Biotechnology is based in Warminster, Pennsylvania.

Buy -

Seller(S) 1

SELLER

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 2 of 5
Sector (Chemicals) 1 of 2
Type (Divestiture) 2 of 5
State (Massachusetts) 1 of 1
Country (United States) 1 of 3
Year (2023) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-01 Flowchem

Waller, Texas, United States

Flowchem is a global provider of drag-reducing agents, related support services and equipment to midstream crude oil and refined fuel pipeline operators. Drag reducing agents, also known as DRAs, are specialty chemicals injected into midstream pipelines to reduce friction near the pipeline walls and within the turbulent fluid flowing through the pipeline network. Flowchem was founded in 2001 and is based in Waller, Texas.

Sell -