Foley Hoag Represents Entegris in $36M Acquisition of Global Measurement Technologies Inc.
July 14, 2020
Foley Hoag represented specialty chemicals company Entegris, Inc. (Nasdaq: ENTG) in its acquisition of Global Measurement Technologies, Inc. (GMTI), an analytical instrument provider for critical processes in semiconductor production, and GMTI’s manufacturing partner, Clean Room Plastics, Inc., both based in Chandler, AZ, for an aggregate amount of $36 million in cash. The acquisition makes GMTI a part of the Advanced Materials Handling (AMH) Division of Entegris.
Entegris, headquartered in Billerica, MA, is a global leader in specialty chemicals and advanced materials solutions for the microelectronics industry and other high-tech industries. The company is ISO 9001 certified and has manufacturing, customer service, and/or research facilities in the United States, China, France, Germany, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan.
The acquisition of GMTI enhances Entegris’ position as the premier supplier for yield enhancement solutions for the semiconductor market. The combination of GMTI’s cutting-edge measurement systems and Entegris’ extensive portfolio of filtration and other contamination control solutions, will bring a complete suite of solutions that allow customers to achieve process stability and high yields in the complex CMP environment.
Foley Hoag lawyers Joseph Basile, Zohar Nevo, Yuliya Kozachenko, Jonathan Book, Nicholas Romanos, Seth Jaffe, Creighton Page, Ellie Kang, Steve Bartlett and Chasse Osborn represented Entegris in the transaction.
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