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AZ Electronic Materials
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 | |
| Company type | Subsidiary |
|---|---|
| Industry | Chemicals |
| Founded | c. 1950s |
| Defunct | 2014 |
| Fate | Acquired |
| Successor | Merck Group |
| Headquarters | |
Key people | John Whybrow, Chairman Geoff Wild, CEO |
| Products | Diazo and other chemicals used in the manufacture electronics |
| Parent | Merck KGaA |
| Website | www |
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.
History
[edit]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]
Operations
[edit]The Company produces and sells specialty chemical materials used in the manufacture of integrated circuits and flat panel displays.[1]
References
[edit]- ^ a b c d AZ Electronic Materials plc: Prospectus
- ^ AZ Electronic Materials: History Archived July 7, 2011, at the Wayback Machine
- ^ iPad chemical maker AZ Electronic Materials to list in London Daily Telegraph, 2 October 2010
- ^ "Merck KGaA says completes acquisition of AZ Electronic". 2 May 2014. Archived from the original on 6 March 2016. Retrieved 7 May 2014.