Entegris in its $285 million sale of its Pipeline and Industrial Materials Business

On March 1, 2024, Entegris, Inc. (Nasdaq: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, announced it has completed the sale of its Pipeline and Industrial Materials business to SCF Partners, Inc., an energy investment firm, for a purchase price of up to $285 million, consisting of $260 million in cash that has been received at closing and a $25 million earnout based on the achievement of certain performance targets.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Entegris.