# Enpro Industries acquires LeanTeq for $305 million

Enpro Industries acquired LeanTeq Co., Ltd. and LeanTeq LLC for $305 million, subject to working capital adjustment and net debt reduction. The deal, completed in September 2019, adds semiconductor equipment refurbishment capabilities to Enpro's Technetics Group.

- Type: Acquisition
- Announced: 2019-09-25
- Where: Taoyuan City, Taiwan; Milpitas, California, USA, TWN
- Value: $305.0M
- Status: completed
- Products: refurbishment services for semiconductor equipment components and assemblies
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [EnPro Industries](https://endata.com/companies/6239.md) (acquirer)
- [LeanTeq](https://endata.com/companies/6240.md) (target)

## Sources

- [vectorshift.ai](https://vectorshift.ai/research/deals/enpro-industries-leanteq-and-leanteq-2019), 2019-09-25: "Enpro Industries acquired LeanTeq Co., Ltd. (and LeanTeq LLC) for $305 million, subject to working capital adjustment and reduction for net debt, a transaction completed in September 2019."

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