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AZ Electronic Materials
From Wikipedia, the free encyclopedia
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AZ Electronic Materials was a Luxembourg specialty chemicals company that produced chemicals used in the manufacture electronics such as integrated circuits and flat panel displays. The company was acquired by Merck Group in 2014.
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History
The company was established in the 1950s as a division of Hoechst (now Sanofi).[1] The name of the company is derived from the organic compound diazo.[2]
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.[1] Vestar Capital Partners took a stake in the company in 2007.[1]
In October 2010 it was first listed on the London Stock Exchange.[3]
On 2 May 2014, Merck KGaA announced the successful acquisition of AZ Electronic Materials.[4]
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Operations
The Company produces and sells specialty chemical materials used in the manufacture of integrated circuits and flat panel displays.[1]
References
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