# Wonik QnC completes $266M acquisition of Momentive's quartz and ceramics units

South Korean quartz maker Wonik QnC completed the acquisition of quartz and ceramics business units from Momentive Performance Materials for $266 million, aiming to vertically integrate its supply chain.

- Type: Acquisition
- Announced: 2020-01-03
- Where: United States
- Value: $266.0M
- Status: completed
- Products: fused quartz plates for semiconductor wafers, quartz products for display panels and solar panels
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Momentive Performance Materials](https://endata.com/companies/16660.md) (target)
- [Wonik QnC](https://endata.com/companies/23164.md) (acquirer)

## Sources

- [koreaherald.com](https://www.koreaherald.com/article/2195454), 2020-01-03: "South Korea's fabricated quartz maker Wonik QnC said Friday it had completed an acquisition of quartz and ceramics business units owned by New York-based company Momentive Performance Materials for $266 million"

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