Entegris, Inc.(NASDAQ: ENTG), a leader in specialty chemicals and advanced materials solutions, has acquired the SAES Pure Gas business, from SAES Getters S.p.A. (“SAES Group”), an advanced functional materials company headquartered in Milan, Italy. The SAES Pure Gas business, a leading provider of high-capacity gas purification systems used in semiconductor manufacturing and adjacent markets is based in San Luis Obispo, California and will report into the Microcontamination Control division of Entegris.
Under the agreement, which was originally announced on June 6, 2018, Entegris has purchased the shares and assets which comprise the SAES Pure Gas business for approximately $355 million, subject to customary purchase price adjustments.
EC M&A acted as exclusive financial advisor to Entegris on this transaction.
