Foley Hoag represented Entegris on the deal
Entegris, Inc. (NASDAQ: ENTG), a leader in specialty chemicals and advanced materials solutions for the microelectronics industry, has acquired MPD Chemicals, a provider of advanced materials to the specialty chemical, technology, and life sciences industries. This acquisition will continue to grow and diversify Entegris’ engineered materials portfolio, which was recently expanded with the acquisition of Digital Specialty Chemicals (DSC).
Digital transformation is driving the development and technical capability requirements of modern technologies like artificial intelligence, virtual reality, and autonomous vehicles. To achieve the performance for these technologies, manufacturers have adopted new, more complex chip designs. These changes have increased the demands on the materials used in all steps of semiconductor processing. Along with the recent acquisition of DSC, the acquisition of MPD Chemicals will expand Entegris’ capabilities in the development and production of new organosilane, and organometallic materials. These materials are critical to innovation in the specialty chemical and semiconductor industries.
Entegris acquired MPD Chemicals for approximately $165 million in cash, subject to customary purchase price adjustments. Entegris funded the acquisition from its available cash. MPD Chemicals will be a part of the Specialty Chemicals and Engineered Materials (SCEM) segment.
Foley Hoag has successfully represented Entegris with a team including Partners Joe Basile (Picture), Adrienne Ellman, Earl Mellott, Teresa Martland, Nicholas Theodorou and Seth Jaffe. As well as Associates Caroline Samp, Shaida Mirmazaheri, Zohar Nevo, Stephen Bartlett, Allison Anderson and Alicia Daniel.
Involved fees earner: Allison Anderson – Foley Hoag; Stephen Bartlett – Foley Hoag; Joseph Basile – Foley Hoag; Alicia Daniel – Foley Hoag; Adrienne Ellman – Foley Hoag; Seth Jaffe – Foley Hoag; Teresa Martland – Foley Hoag; Earl Mellott – Foley Hoag; Shaida Mirmazaheri – Foley Hoag; Zohar Nevo – Foley Hoag; Caroline Samp – Foley Hoag; Nicholas Theodorou – Foley Hoag;
Law Firms: Foley Hoag;
Clients: Entegris Inc. ;