Acquisition History / Shin-Etsu Chemical Co., Ltd. / Mimasu Semiconductor Industry Co., Ltd.
Shin-Etsu Chemical Co., Ltd. Acquires Mimasu Semiconductor Industry Co., Ltd.
Announced June 21, 2024 — $363.3M
What happened
Shin-Etsu Chemical tendered for Mimasu Semiconductor Industry, previously an equity-method affiliate, from 21 June 2024 to make the silicon wafer processor a wholly owned subsidiary. Mimasu supported the offer and was set to delist. Shin-Etsu's stake rose to 88.37% at a tender cost of JPY 54.22bn.
- Acquirer
- Shin-Etsu Chemical Co., Ltd.
- Target
- Mimasu Semiconductor Industry Co., Ltd.
- Announced
- June 21, 2024
- Price
- $363.3M
- Industry
- Silicon wafer processing
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Shin-Etsu Chemical Co., Ltd. acquire Mimasu Semiconductor Industry Co., Ltd.?
Shin-Etsu Chemical Co., Ltd. acquired Mimasu Semiconductor Industry Co., Ltd. on June 21, 2024. This was Shin-Etsu Chemical Co., Ltd.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Shin-Etsu Chemical Co., Ltd. pay for Mimasu Semiconductor Industry Co., Ltd.?
Shin-Etsu Chemical Co., Ltd. paid $363.3M for Mimasu Semiconductor Industry Co., Ltd..
What does Mimasu Semiconductor Industry Co., Ltd. do?
Shin-Etsu Chemical tendered for Mimasu Semiconductor Industry, previously an equity-method affiliate, from 21 June 2024 to make the silicon wafer processor a wholly owned subsidiary. Mimasu supported the offer and was set to delist. Shin-Etsu's stake rose to 88.37% at a tender cost of JPY 54.22bn.
What other Silicon wafer processing companies has Shin-Etsu Chemical Co., Ltd. acquired?
Mimasu Semiconductor Industry Co., Ltd. is Shin-Etsu Chemical Co., Ltd.'s only publicly tracked acquisition in Silicon wafer processing so far.