We advised Heraeus
Heraeus Quarzglas GmbH & Co. KG, Hanau, Germany
Heraeus Quarzglas, a technology leader in manufacturing of high purity quartz materials and advanced quartz components, is part of Heraeus Group which is globally operating in business areas of precious metals, sensors, dental and medical products, quartz glass and specialty lighting sources. With product revenues of € 3 billion, precious metals trading revenues of € 9 billion, and more than 11,000 employees worldwide in over 100 subsidiaries, Heraeus Group is one of the largest family held companies in Germany.
Saint-Gobain Quartz Ltd., Wallsend, United Kingdom
Saint-Gobain operates in 54 countries worldwide, is one of the world’s hundred leading industrial corporations, and fields a workforce of over 270,000. It produces and develops materials such as glass, ceramics, plastics, cast iron, and others, and transforms them into advanced products for use in our daily lives.
The transaction allows Heraeus Quarzglas to expand its technology leadership in manufacturing high purity quartz materials and advanced quartz components. Quartz block material is an important base material for the manufacturing of flanges and rings that are used in the semiconductor production. Also, the acquisition supports Heraeus Quarzglas’ growth strategy in key Asian markets through new access to strategic customers.
HSCie advised Heraeus in the take over process, including due diligence examinations and negotiations with the vendor.
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions