Fab News

ANDOVER, MA – MKS Instruments confirmed it submitted a revised offer on Mar. 5 to acquire all outstanding shares of Coherent for $250 per share, composed of $135 in cash and $115 in shares of MKS common stock.

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WILMINGTON, DE – DuPont has entered into a definitive agreement with private equity firm Advent International to acquire Laird Performance Materials for $2.3 billion, which will be paid from existing cash balances.

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BROMMA, SWEDEN – NCAB Group reported fourth quarter net sales increased 22% year-over-year to SEK 514.9 million (US$60.4 million).

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CHICAGO – Methode Electronics reported fiscal third quarter net sales were $295.3 million, up 3.3% year-over-year, including a favorable foreign currency impact of $9.7 million.

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TEMPE, AZ – EMD Performance Materials has a new name in the US: EMD Electronics. EMD Electronics includes semiconductor materials, semiconductor delivery systems and services, display, and surface solutions.

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EDEN PRAIRIE, MN – Based on the preliminary voting results during a shareholder meeting, MTS's shareholders have approved the adoption of the previously announced merger with Amphenol. After closing, MTS will become a wholly-owned subsidiary of Amphenol.

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