“I’m very happy to continue the strategic re-alignment of Edwards
to focus on its core vacuum equipment and abatement business,” said
Nigel Hunton, CEO of Edwards. “In reaching an agreement with Air
Liquide for our Chemical Management Division, we ensure a smooth
transition of ownership for the benefit of our employees and customers.”
“This acquisition will bring key complements to our current portfolio, especially allowing us to cover the whole equipment and installation spectrum for ultra-pure fluids with the key players of the electronics industry,” commented Christophe Fontaine, Vice-President Electronics, Air Liquide Group.
Edwards’ Chemical Management Division, is focused on designing, manufacturing, and selling chemical and slurry dispensing equipment, installations and services to semiconductor manufacturers as well as OEMs worldwide. Production is based in Chanhassen, Minnesota, in the United States, it employs about 120 people (including 20% in Asia and Europe).
BOC Edwards had originally purchased a key part of the Chemical Management Division from FSI International in 1999 for approximately $38 million.