UPDATED. 2024-06-21 07:30 (금)
Merck to acquire Mecaro’s precursor business for 110 million euros
Merck to acquire Mecaro’s precursor business for 110 million euros
  • Jang Keyoung Yoon
  • 승인 2022.08.18 15:59
  • 댓글 0
이 기사를 공유합니다

Deal to conclude within fourth quarter
Image: Mecaro
Image: Mecaro

German material giant Merck will acquire South Korean semiconductor component and material firm Mecaro’s precursor business for 110 million euros, the pair announced on Wednesday.

Merck’s South Korean subsidiary Versum Materials Korea will acquire the entire stake of Mecaro’s precursor business when it splits off in November, they said.

Precursors are chemicals used in the forming of metal thin films and circuits during DRAM production.

Mecaro’s precursor business will split off as a separate entity called M Chemical on November 1.

Out of the 110 million euros, 75 million euros will be paid first while the remainder will be paid when the precursor business reaches an agreed sales target for high-k precursors by 2023.

Mecaro’s precursor business once accounted for over 60% of its revenue up to 2019.

The company produced Zr precursors and supplied them to SK Hynix and other customers.

But SK Hynix switched its precursor supplier from Mecaro to UP Chemical when it changed its process node for DRAMs.

This has caused Mecaro to see revenues from its precursor drop significantly __ during the second quarter of this year the business unit only accounted for 34% of its revenue.

Linde and Entegris have also shown interest in acquiring the precursor unit but Merck offered the highest price to Mecaro, sources said.

Mecaro had also told its main customers SK Hynix and Samsung of the deal beforehand, they said.

삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr