If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.


Mergers & Acquisitions

Entegris pushes deeper into materials

Purchases of MPD and Digital Specialty Chemicals follow stymied effort to acquire electronic chemicals giant Versum

by Michael McCoy
July 18, 2019 | A version of this story appeared in Volume 97, Issue 29

A photo of a computer chip in a printed circuit board.
Credit: Shutterstock
Entegris wants to supply more materials to the chip-making industry.

Thwarted in its effort to acquire the electronic materials giant Versum Materials, Entegris is expanding its materials business by snapping up smaller suppliers instead.

Entegris announced plans in January to merge with Versum, but Merck KGaA swooped in with a $6 billion cash offer and eventually won the backing of Versum’s board.

Entegris retreated and in April revealed that it had acquired Digital Specialty Chemicals (DSC), a Canadian maker of organometallic precursors used to deposit thin films during semiconductor fabrication.

Now, in a follow-up deal, Entegris has spent $165 million to acquire MPD Chemicals, a Pennsylvania-based firm that produces raw materials for specialty chemicals, electronics, and the life sciences.

Together, Entegris says, the deals expand its capability to produce new organosilane and organometallic materials. CEO Bertrand Loy says the firm wants to meet growing demand for precursors used to deposit thin films on complex chips.

MPD’s owner, Addison Capital Partners, built the firm up over several years by acquiring small US specialty chemical makers, including Monomer-Polymer and Dajac Labs, Silar, and Norquay Technology.

Lita Shon-Roy, CEO of the electronic materials consulting firm Techcet, notes that Norquay in particular brings Entegris metal precursor expertise, but she also points out that much of MPD is geared toward supplying markets that Entegris doesn’t play in currently.

And MPD and DSC are no substitute for Versum, Shon-Roy points out. “These smaller acquisitions do not afford Entegris the strategically important relationships with the value chain that Versum has,” she says.



This article has been sent to the following recipient:

Chemistry matters. Join us to get the news you need.