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People & Business :: M&A

KMG to acquire OM Group’s electronic chemicals business

9:58 AM MDT | April 29, 2013 | Vincent Valk

KMG Chemicals has agreed to acquire OM Group’s electronic chemicals business in a $60-million deal, the company says. The business, known within OM Group as ultrapure chemicals (UPC), supplies the semiconductor and microelectronics sectors. It recorded $93.8 million in sales in 2012 and has facilities in the United Kingdom, France, Singapore, and the United States.   “This acquisition substantially advances KMG’s strategy in the global high-purity process chemicals market and also provides KMG with a strategically located presence in the...

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