M&A Deal Summary

Ichor Acquires Ajax Custom Manufacturing

On April 11, 2016, Ichor acquired manufacturer Ajax Custom Manufacturing

Acquisition Highlights
  • This is Ichor’s 1st transaction in the Manufacturing sector.
  • This is Ichor’s 1st transaction in the United States.
  • This is Ichor’s 1st transaction in California.

M&A Deal Summary

Date 2016-04-11
Target Ajax Custom Manufacturing
Sector Manufacturing
Buyer(s) Ichor
Deal Type Add-on Acquisition

Target

Ajax Custom Manufacturing

Union City, California, United States
Ajax Custom Manufacturing is a provider of technical design for complex manufacturing problems, and skilled working with state-of-the-art plastics, metals, and other materials.

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Buyer(S) 1

Buyer

Ichor

Fremont, California, United States

Category Company
Founded 1999
Sector Energy Services and Equipment
Employees2,280
Revenue 811M USD (2023)
DESCRIPTION

Ichor is a global designer and manufacturer of process tools, gas delivery modules and chemical delivery modules sold to capital equipment manufacturers. Ichor Systems serves a variety of end markets, including semiconductors, LEDs (light emitting diode), data storage and alternative energy capital equipment. Ichor was founded in 1999 and is based in Fremont, California.


DEAL STATS #
Overall 2 of 6
Sector (Manufacturing) 1 of 3
Type (Add-on Acquisition) 2 of 6
State (California) 1 of 3
Country (United States) 1 of 4
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-26 Semi Scenic UK

East Kilbride, United Kingdom

Semi Scenic UK Limited. Based in Scotland, Semi Scenic is a leading service provider to global semiconductor equipment and device manufacturers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-27 Cal-Weld

Fremont, California, United States

Cal-Weld, Inc. is a designer and manufacturer of precision high purity equipment, sub-systems & components. It provide a broad spectrum of welding, machining, integration and engineering services for products ranging from simple parts to complex systems. Cal Weld serves many industries, with particular concentration on high technology segments including semiconductor, solar, nanotech, MEMS, bio-med, defense, aerospace, research and alternative energy.

Buy $50M