MERCK Kommanditgesellschaft auf Aktien completed the acquisition of Chemical Business of Mecaro Co., Ltd. (KOSDAQ : A241770).
January 01, 2023
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MERCK Kommanditgesellschaft auf Aktien (XTRA:MRK) agreed to acquire Chemical Business of Mecaro Co., Ltd. (KOSDAQ : A241770) for €110 million on August 17, 2022. The transaction consideration comprises an upfront cash payment of € 75 million, plus contingent milestone payments of up to € 35 million. The transaction is expected to be closed in fourth quarter of 2022 and is subject to regulatory clearance as well as the satisfaction of other customary closing conditions.
MERCK Kommanditgesellschaft auf Aktien (XTRA:MRK) completed the acquisition of Chemical Business of Mecaro Co., Ltd. (KOSDAQ : A241770) for €110 million on January 2, 2023.
MECARO CO.,LTD. is a Korea-based company principally engaged in the manufacture and distribution of chemical precursors, which are raw materials of semiconductor manufacturing process. Precursors used in the deposition process are compounds used to deposit thin films on wafers. The Companyâs products also include heater blocks. The heater block is mounted on the chemical vapor deposition equipment of the semiconductor and display process, and it is a key part to uniformly heat the silicon wafer as the semiconductor substrate and the glass as the display substrate to the desired process temperature.
MECARO CO., LTD. 