AZ Electronic Materials
 |
|
| Public (LSE: AZEM) | |
| Industry | Chemicals |
| Founded | 1950s |
| Headquarters | Luxembourg |
|
Key people
|
John Whybrow, Chairman Geoff Wild, CEO |
| Revenue | US$730.3 million (2013)[1] |
| US$120.8 million (2013)[1] | |
| US$57.3 million (2013)[1] | |
| Website | www.azem.com |
AZ Electronic Materials plc, is a specialty chemicals company. On 2 May 2014, Merck KGaA announced the successful acquisition of AZ Electronic Materials.
History
The Company was established in the 1950s as a division of Hoechst (now Sanofi).[2] The name of the company is derived from the organic compound diazo.[3] 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.[2] Vestar Capital Partners took a stake in the company in 2007.[2] In October 2010 it was first listed on the London Stock Exchange.[4] On 2 May 2014, Merck KGaA announced the successful acquisition of AZ Electronic Materials.[5]
Operations
The Company produces and sells specialty chemical materials used in the manufacture of integrated circuits and flat panel displays.[2]
References
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<references />, or <references group="..." />- ↑ 1.0 1.1 1.2 Preliminary Results 2013
- ↑ 2.0 2.1 2.2 2.3 AZ Electronic Materials plc: Prospectus
- ↑ AZ Electronic Materials: History
- ↑ iPad chemical maker AZ Electronic Materials to list in London Daily Telegraph, 2 October 2010
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