Tuesday, April 5, 2016

KMG Buys Singapore's Nagase FineChem

Fort Worth-based specialty chemicals firm KMG said late Monday afternoon that it has acquired a Singapore-based manufacturer of electronic chemicals, Nagase FineChem/b> (NFC). Financial terms of the buy were not disclosed, however, KMG said that NFC had revenues of approximately $8M for the 12-month period ending December 2015. Nagase FineChem manufacturers solvents, acids and custom blends for the liquid crystal display, electronics and semiconductor markets. Singapore is a major location for electronics manufacturing.