Atlas Copco Group is to acquire the cryogenic business of Brooks Automation through its wholly owned US entity Edwards Vacuum.
Once the deal is complete, which is expected to be in the first quarter of 2019, it will significantly expand Edwards’ offering to the global semiconductor industry.
Brooks Automation, headquartered in Chelmsford, US, is a market leader in the provision of advanced cryopumps and associated products for the semiconductor industry through its CTI-Cryogenics and Polycold brands.
The acquisition includes cryopump operations in Chelmsford and Monterrey as well as a worldwide network of sales and service centres. Brooks Automation’s 50% shareholding in Japan-based joint venture company Ulvac Cryogenics is also part of the deal.
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