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Issue Date: 4th June 2007
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CCMP completes acquisition of BOC Edwards from The Linde Group
CRAWLEY,
UK (4th June 2007) - CCMP Capital is pleased to announce the completion
of its acquisition of BOC Edwards, a leading manufacturer of vacuum equipment
used in a wide variety of high technology industries. This marks BOC Edwards’
return to independent status almost 40 years after it was acquired by BOC.
CCMP Capital, through funds managed by CCMP Capital Advisors, LLC and CCMP
Capital Asia Limited, completed the deal with The Linde Group, the global
gases company, within three months of its signing on 12th March, which was
subject to regulatory review and other closing conditions. Linde had previously
announced the divestment following its acquisition of The BOC Group in September
2006.
BOC Edwards is a leading global supplier of equipment and services to the
world’s most advanced industries, including semiconductor, flat panel
display, chemical, metallurgical, analytical instrumentation and R&D.
It supplies major customers in Asia, Europe and the Americas through a worldwide
manufacturing and sales network. Its turnover in 2006 was over $1bn.
Commenting on the announcement Nigel Hunton, Chief Executive of BOC Edwards,
said: “In the last 40 years our business has grown out of all recognition.
We feel that our return to independent status, with a strong partner in
CCMP, makes us well placed for success as we transition to our next phase
of development.”
For further information contact
Andrew Davis, BOC Edwards. Manor Royal, Crawley, RH10 9LW
Tel: 01293 603507
email: andrew.davis@bocedwards.com
Website: http://www.bocedwards.com