AZ_Electronic_Materials

AZ Electronic Materials

AZ Electronic Materials

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AZ Electronic Materials is a specialty chemicals company. On 2 May 2014, Merck KGaA announced the successful acquisition of AZ Electronic Materials.

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History

The company was established in the 1950s as a division of Hoechst (now Sanofi).[2] The name of the company is derived from the organic compound diazo.[3] In 1997 it was acquired by Clariant, a Swiss specialty chemicals business and in 2004 it was bought with funds controlled by the Carlyle Group.[2] Vestar Capital Partners took a stake in the company in 2007.[2] In October 2010 it was first listed on the London Stock Exchange.[4] On 2 May 2014, Merck KGaA announced the successful acquisition of AZ Electronic Materials.[5]

Operations

The Company produces and sells specialty chemical materials used in the manufacture of integrated circuits and flat panel displays.[2]


References

  1. "Merck KGaA says completes acquisition of AZ Electronic". 2 May 2014. Retrieved 7 May 2014.

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