Basf and entegris sign agreement on the sale of precision microchemicals business

Billerica, mass.--(business wire)--basf and entegris have signed an agreement on the sale of the precision microchemicals business to entegris for $90 million. the transaction includes technologies, intellectual property and trademarks and is expected to be completed by the end of 2021. the precision microchemicals business is part of the surface treatment business unit of basf's coatings division, operating under the chemetall brand. it develops, manufactures, and markets high purity materials
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