Cabot Microelectronics Corporation Completes Acquisition of KMG Chemicals


· Significantly expands capabilities across consumables-based electronic materials, and adds high quality, growth-oriented performance materials products 

· KMG Electronic Chemicals business complements existing CMP product offerings and increases customer touchpoints with the worlds leading semiconductor manufacturers 

· Acquired Performance Materials business provides exposure to new end-markets with attractive growth and profitability characteristics 

· Targets to achieve $25 million of estimated annual cost synergies within the first two years …

[Read on via official release]

Source: US SEC
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