ccmp-acquires-lindes-components-business

CCMP acquires Linde's components business

CCMP pays $899 million for the business and claims future growth in Asia is a key driver of the deal.
CCMP Capital, through its affiliates CCMP Capital Advisors and CCMP Capital Asia, has acquired the components business of the Linde Group subsidiary, BOC Edwards for Ç685 million $898.6 million. The potential in Asia is a primary reason for the acquisition and for the deal structure which incorporates Linde sharing in future upside.

The components business, comprising vacuum pumps and semiconductor components, has customers across industries including semiconductor, flat panel display, chemical, pharmaceutical and others. Linde acquired the business pursuant to an acquisition of the BOC group in 2006. At the time, Linde had indicated that it intended to focus on the industrial gases and engineering businesses of BOC and would review strategic options for...
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