# Cabot Microelectronics to acquire KMG Chemicals for $1.6B

Cabot Microelectronics Corporation has agreed to acquire KMG Chemicals, Inc. in a cash and stock transaction valued at approximately $1.6 billion. The deal combines suppliers of consumable materials to the semiconductor industry.

- Type: Acquisition
- Announced: 2018-08-15
- Where: United States
- Value: $1.60B
- Status: announced
- Products: CMP polishing slurries, CMP pads, specialty chemicals, performance materials
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Cabot Microelectronics Corporation](https://endata.com/companies/33764.md) (acquirer)
- [KMG Chemicals, Inc.](https://endata.com/companies/33765.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1028215/000110465918052152/a18-18829_1ex99d1.htm), 2018-08-15: "Cabot Microelectronics will acquire KMG in a cash and stock transaction with a total enterprise value of approximately $1.6 billion."
- [cen.acs.org](https://cen.acs.org/materials/electronic-materials/Cabot-Micro-acquire-KMG-electronic/96/i33), 2018-08-15: "Cabot Microelectronics has agreed to acquire KMG Chemicals for cash and stock worth about $1.6 billion."
- [globenewswire.com](https://www.globenewswire.com/news-release/2018/08/15/1552333/0/en/Cabot-Microelectronics-Corporation-to-Acquire-KMG-Chemicals.html), 2018-08-15: "Cabot Microelectronics will acquire KMG in a cash and stock transaction with a total enterprise value of approximately $1.6 billion."

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