M&A Deal Summary

High Temperature Superconductors Acquires PVD Products

On June 29, 2022, High Temperature Superconductors acquired machinery company PVD Products

Acquisition Highlights
  • This is High Temperature Superconductors’ 1st transaction in the Machinery sector.
  • This is High Temperature Superconductors’ 1st transaction in the United States.
  • This is High Temperature Superconductors’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2022-06-29
Target PVD Products
Sector Machinery
Buyer(s) High Temperature Superconductors
Deal Type Add-on Acquisition

Target

PVD Products

Wilmington, Massachusetts, United States
PVD Products specializes in the manufacturing of large-area pulsed laser deposition (PLD) systems along with thin-film physical vapor deposition (PVD) techniques. PVD offers design and engineering services for a wide variety of high-quality PLD magnetron sputtering and evaporation systems. Evaporation systems utilize thermal and e-beam evaporators. The company also manufactures custom chemical vapor deposition (CVD) tools. PVD Products was formed in 1995 and is based in Wilmington, Massachusetts.

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Buyer(S) 1

Buyer

High Temperature Superconductors

Santa Barbara, California, United States
Category Company
Founded 2020
Sector Manufacturing
DESCRIPTION

High Temperature Superconductors develop and manufactures high-temperature superconductive wire and complementary products. HTS is uniquely positioned to meet HTS wire demand for new Resilient, Reliable, and Sustainable Power Applications. These applications include: Fusion, Cables, Energy Storage, Next Generation Electric Machines & Fault Current Limiter. High Temperature Superconductors was formed in 2020 and is based in Santa Barbara, California.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

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