Issue Date: May 6, 2013
KMG Strikes Deal For Electronic Chemicals
KMG Chemicals will pay $60 million to acquire OM Group’s Ultra Pure Chemicals subsidiary, a supplier of high-purity acids, bases, and solvents to the electronics industry. UPC operates four facilities in Europe, two in Asia, and one in North America and had sales last year of $94 million. KMG, based in Houston, says the deal will advance its push to become the world’s first global supplier of high-purity process . . .
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