Quick Take
Entegris (ENTG) announced that it has acquired Hangzhou Anow Microfiltration for $73 million in an all-cash transaction.
Anow has developed liquid filtration and polymeric membrane technologies for a variety of applications.
With the deal, ENTG is expanding its footprint in Asia to serve the growing microelectronics industries in that region.
Target Company
Hangzhou, Zhejiang-based Anow was founded in to design and manufacture a number of membrane filtration products for liquid, air and gas filtration, separation and purifying applications in the industries of:
Biopharma
Medical Apparatus
Food & Beverage
Microelectronics
Chemicals
Water