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Albemarle acquires electronic materials firm in the UK

1:30 PM MDT | October 8, 2013 | Francinia Protti-Alvarez

Albemarle (Baton Rouge) has acquired Cambridge Chemical (Cambridge, UK), a maker of high-purity metal organic chemicals used in the laser market. The acquisition was completed on 1 October. The financial details of the transaction have not been disclosed. Cambridge Chemical's technology and products will strengthen Albemarle's offerings in the electronic materials market, including the light-emitting diodes (LEDs), semiconductor, organic LEDs, and, now, laser segments, the company says. "Our electronic materials business is a critical growth platform for us...

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