Ultra Clean Holdings acquires HIS Innovations Group for up to $120M

Ultra Clean Holdings (UCT) closed the acquisition of HIS Innovations Group, a semiconductor sub-fab supplier, for $50 million upfront plus up to $70 million in earn-outs.

“This acquisition aligns with UCT's long-term strategy to pursue sustained and profitable growth by offering a more diversified portfolio of high-quality, high-value solutions to our customers.”prnewswire.com

• 2 sources
• prnewswire.comUCT Acquires HIS Innovations GroupUltra Clean Holdings, Inc.Oct 25, 2023
• davispolk.comUCT acquisition of HIS Innovations Group | Davis PolkOct 27, 2023

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