Entegris completes acquisition of ATMI

Entegris, Inc. today announced that it has completed its acquisition of ATMI, Inc., creating a supplier of products and materials for semiconductor and other advanced manufacturing.

Bertrand Loy, President and Chief Executive Officer of Entegris said, “We are excited to bring together two strong, successful companies with premium brands and incredibly talented teams. As one company, we are creating a very compelling platform for our shareholders, customers and employees. As our customers continue to develop and ramp new, ever more complex and advanced manufacturing processes, we are positioned to leverage our innovative energy and unique strengths to bring a broader portfolio of yield-enhancing solutions to market faster than before.”

The combined company, which employs 3,500 people worldwide, has pro forma 2013 revenues of more than $1 billion and adjusted EBITDA of approximately $248 million, adjusted for targeted annualized cost synergies of $30 million, transaction-related costs and other one-time items.

POST A COMMENT

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

NEW PRODUCTS

Dynaloy unveils safer cleaners
11/19/2014In response to evolving industry trends and customer preferences for products with better environmental, health, and safety (EHS) profiles, Dynaloy LLC is launching three...
Entegris' VaporSorb filter line protects advanced yield production
10/21/2014Entegris, Inc. today announced a new product for its VaporSorb line of airborne molecular contamination (AMC) filters. ...
Next-generation nanoimprint lithography technology
10/21/2014EV Group (EVG) today introduced its SmartNIL large-area nanoimprint lithography (NIL) process....