News Article
International vacuum company sells of majority stakes in cleaning facilities
BOC Edwards, Inc. has signed a definitive agreement under which Edwards will divest the majority of its parts cleaning and chamber process kit management division, Kachina, to Applied Materials, Inc.
BOC Edwards, Inc. has signed a definitive agreement under which Edwards will divest the majority of its parts cleaning and chamber process kit management division, Kachina, to Applied Materials, Inc. Applied Materials will acquire the assets and operations of the Kachina parts cleaning hub facilities in Arizona, Texas and Oregon and on-site services at several key customer locations. Edwards will retain the operations in France and the UK. Nigel Hunton, Chief Executive Officer, Edwards, said: "The sale of the Kachina parts cleaning business to Applied Materials will enable Edwards to focus resources on providing products and services either side of the process tool and on the profitable growth of its core vacuum and abatement business."