# Kinetics Holding acquires Wafab International

Kinetics Holding GmbH acquired Wafab International Inc., a global supplier of wet processing stations and components, to expand its turnkey offering for semiconductor and solar customers.

- Type: Acquisition
- Announced: 2017-02-06
- Where: Fremont, California, United States
- Status: completed
- Products: wet processing stations, chemical deposition tools, process media distribution systems
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Kinetics Holding GmbH](https://endata.com/companies/22008.md) (acquirer)
- [Wafab International Inc.](https://endata.com/companies/22009.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/02/06/1200620/0/en/Kinetics-Holding-Acquires-U-S-Semiconductor-Equipment-Company-WAFAB-International.html), 2017-02-06: "There is obvious synergy between our two companies, both in technology and business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.