Entegris Acquires CMC Materials
December 15, 2021
Entegris agreed to acquire CMC Materials in a cash-and-stock transaction valued at an enterprise value of approximately $6.5 billion; at close the total purchase price (including debt retired and cash assumed) was approximately $5.7 billion. The acquisition brings CMC's CMP slurries, pads and related specialty materials into Entegris' portfolio to create a broader end-to-end electronic materials offering; CMC Materials has become a wholly owned subsidiary headquartered in Aurora, Illinois.
- Buyers
- Entegris
- Targets
- CMC Materials
- Sellers
- CMC Materials shareholders
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Buyout
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