Current News

Contact | Print version | PDF version | Send article | RSS feed

Air Liquide acquires Edwards Chemical Management Division

30 May 2008 - Air Liquide Electronics U.S. LP has signed an agreement to purchase the major part of the assets of the Chemical Management Division of Edwards Vacuum, Inc. The acquisition is expected to close before the end of June, 2008, pending regulatory approval and pending the satisfaction of certain closing conditions set forth in the agreement.
 
Edwards' Chemical Management Division is focused on designing, manufacturing, and selling chemical and slurry dispensing equipment, installations and services to leading semiconductors as well as Original Equipment Manufacturers (OEMs) worldwide. With production based in Chanhassen, Minnesota, in the United States, it employs about 120 people (including 20% in Asia and Europe) and has annual sales of approximately 50 million USD.
 
This acquisition will complement Air Liquide Electronics' position in the high purity fluid equipment and installation sector, particularly in the U.S. and in Asia. It will reaffirm Air Liquide Electronics' strategy to be a global supplier to the semiconductor, flat panel display and photovoltaics industries around the world.