USD 9 billion mega merger for Entegris and Versum Materials

The transaction is expected to close in the second half of 2019. According to the joint venture’s newly created website, under the terms of the agreement, the combined company will retain the Entegris name and “function as a premier specialty materials company for the semiconductor and other high-tech industries. It is expected to have a full suite of diversified product offerings including advanced materials, specialty gases, micro-contamination control, advanced materials handling, and delivery systems and services.” The company will be headquartered in Billerica, Massachusetts, a Boston surburb, with a “strong operational presence” in Tempe, Arizona. Also listed on the site are the pending leadership roles. Current Entegris CEO Betrand Loy and CFO Greg Graves will assume those same roles at the newly formed company, while Versum Materials General Counsel Michael Valente will serve as general counsel. In a statement issued this week, company officials remarked that considering the two companies’ complementary portfolios, customers stand to benefit from enhanced technical capabilities, and the merger will result in the world’s first “comprehensive and effective end-to-end materials solutions provider across the entire semiconductor manufacturing process.”