Entegris’s $75 Million Acquisition Of Sinmat

Foley Hoag LLP assisted Entegris in the acquisition.

Entegris, Inc. (Nasdaq: ENTG), a leader in specialty chemicals and advanced materials solutions, announced today it has acquired Sinmat, a CMP slurry manufacturer. Located in Gainesville, Florida, Sinmat is now part of the Specialty Chemicals and Engineered Materials (SCEM) Division of Entegris.

Sinmat is a leader in the design and production of Chemical Mechanical Planarization (CMP) slurries used for polishing ultra-hard surface materials, including SiC (silicon carbide) and GaN (gallium nitride). SiC and GaN are substrates utilized in the fast-growing end-markets of power electronics and advanced communications. The combination of Sinmat’s slurry technology with Entegris broad capabilities in CMP cleans, filtration and applications technology will enable new solutions for Entegris’ CMP customers.

Entegris acquired Sinmat for approximately $75 million in cash, subject to customary purchase price adjustments.

The Foley Hoag team was led by Joseph Basile (Picture) and included Christopher Natkanski, Nicholas Romanos, Seth Jaffe, Teresa Martland, Michael Rosen, Jon Book, Creighton Page, Zohar Nevo, Shaida Mirmazaheri, Stephen Bartlett, Sarah Ropiak and Mike Gottselig.

Involved fees earner: Stephen Bartlett – Foley Hoag; Joseph Basile – Foley Hoag; Jonathan Book – Foley Hoag; Michael Gottselig – Foley Hoag; Seth Jaffe – Foley Hoag; Teresa Martland – Foley Hoag; Shaida Mirmazaheri – Foley Hoag; Christopher Natkanski – Foley Hoag; Zohar Nevo – Foley Hoag; Creighton Page – Foley Hoag; Nicholas Romanos – Foley Hoag; Sarah Ropiak – Foley Hoag; Michael Rosen – Foley Hoag;

Law Firms: Foley Hoag;

Clients: Entegris Inc. ;

Author: Ambrogio Visconti