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28 September 20222 minute read

DLA Piper advises MKS Instruments on USD4.4 bn acquisition of Atotech

DLA Piper has advised MKS Instruments, Inc., a global provider of technologies that enable advanced processes and improved productivity, on closing its USD4.4bn acquisition of Jersey-based Atotech Limited. Atotech is a leading process chemicals technology company and market leader in advanced electroplating solutions, backed by buyout firm Carlyle Group Inc.

The deal will expand MKS’s offerings in chip manufacturing through the addition of Atotech’s plating chemicals. Atotech’s leadership in functional and decorative surface finishing will also extend MKS’s product offering for industrial applications and grow its market reach.

“This is a major strategic transaction for MKS, so it is hugely satisfying for the team to see it through to completion.”

Tim Lake

Partner at DLA Piper

MKS Instruments delivers foundational technology solutions to leading-edge semiconductor manufacturing, advanced electronics and specialty industrial applications. It applies broad science and engineering capabilities to create instruments, subsystems, systems, process-control solutions and specialty chemicals technology. These improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies.

DLA Partner Tim Lake commented: “This is a major strategic transaction for MKS, so it is hugely satisfying for the team to see it through to completion. This was achievable only through the close collaboration and experience of the cross-practice team and our manufacturing and technology sector lawyers. We look forward to seeing MKS go from strength to strength.”

The DLA Piper cross-border, practice-integrated team was led by Corporate partners Tim Lake (Birmingham, UK), Jonathan Earle (London) and Jonathan Klein (New York). The deal team also included partners Chris Paci and Paolo Morante (both New York), Ryan Starr (Boston), Ben Olivas (Palo Alto), Rich Ashley (Chicago) and Alexandra Kamerling (London). Associates Mandy Chan (San Francisco), Kirsty Underhill (Birmingham), Dylan Carty (London), Aarmaan Hussain (Birmingham) and Tohmev Singh (Birmingham) completed the team.