Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Versum Materials Inc    VSM

VERSUM MATERIALS INC (VSM)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Versum Materials : spending $13 million to acquire specialty-chemical company

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/12/2017 | 02:36pm CEST

July 12--Versum Materials Inc. said Tuesday it plans to acquire an Indianapolis specialty-chemical company in a deal estimated at approximately $13 million.

In a news release, Versum said it expects to close the acquisition of Dynaloy LLC during the fourth quarter. The electronic materials company, which spun off last fall from Trexlertown's Air Products and is based in Tempe, Ariz., also said it will pay cash and expects the deal to be accretive to earnings in the first full year of operation.

Dynaloy manufactures advanced cleaning solutions used for the semiconductor and specialty manufacturing industries. The company was acquired in August 2011 by Eastman Chemcial Co. of Kingsport, Tenn., according to the company's website.

Edward Shober, senior vice president at Versum Materials, said the acquisition will boost Versum's strategy to enhance its specialty manufacturing technology capabilities. Versum uses the technology to etch and remove residue and contamination during multiple steps of the integrated circuit fabrication process. After closing, Dynaloy's business will be integrated into Versum's portfolio of surface and prep and clean materials.

Versum has about 300 employees at several Lehigh Valley locations. The company announced in March that it was expanding its manufacturing operations in south Allentown and planned to add jobs.

[email protected]

610-820-6694

Get the inside scoop on the Lehigh Valley's business scene on The Business Cycle, themorningcall.com/business. Like us on Facebook: facebook.com/LVBizCycle. Follow us on Twitter: @LVBizCycle.

___

(c)2017 The Morning Call (Allentown, Pa.)

Visit The Morning Call (Allentown, Pa.) at www.mcall.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on VERSUM MATERIALS INC
06/04VERSUM MATERIALS : to Present at Stifel 2018 Cross Sector Insight Conference
BU
05/23VERSUM MATERIALS : Introduces Smart, Fab-wide Heat Sourcing and Control for Elec..
BU
05/14VERSUM MATERIALS, INC. (NYSE : VSM) Files An 8-K Regulation FD Disclosure
AQ
05/14VERSUM MATERIALS, INC. : Regulation FD Disclosure (form 8-K)
AQ
05/09VERSUM MATERIALS : Management's Discussion and Analysis of Financial Condition a..
AQ
05/09VERSUM MATERIALS : to Present at Barclays Electronic Chemicals Conference
BU
05/08VERSUM MATERIALS, INC. (NYSE : VSM) Files An 8-K Results of Operations and Finan..
AQ
05/08VERSUM MATERIALS (NYSE : VSM) reported earnings of $0.59 per share beating Walls..
AQ
05/08VERSUM MATERIALS, INC. : Results of Operations and Financial Condition, Financia..
AQ
05/08VERSUM MATERIALS : Fiscal 2Q Earnings Snapshot
AQ
More news
News from SeekingAlpha
06/12DIVIDEND INCOME UPDATE : May 2018 
06/04BY THE NUMBERS : Investing Ideas Based On Profitability, Value, And Momentum 
05/08Versum Materials' (VSM) CEO Guillermo Novo on Q2 2018 Results - Earnings Call.. 
05/08Versum Materials 2018 Q2 - Results - Earnings Call Slides 
05/08Versum Materials beats by $0.07, beats on revenue 
Financials ($)
Sales 2018 1 340 M
EBIT 2018 384 M
Net income 2018 210 M
Debt 2018 624 M
Yield 2018 0,56%
P/E ratio 2018 20,31
P/E ratio 2019 15,03
EV / Sales 2018 3,62x
EV / Sales 2019 3,27x
Capitalization 4 228 M
Chart VERSUM MATERIALS INC
Duration : Period :
Versum Materials Inc Technical Analysis Chart | VSM | US92532W1036 | 4-Traders
Technical analysis trends VERSUM MATERIALS INC
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 44,8 $
Spread / Average Target 15%
EPS Revisions
Managers
NameTitle
Guillermo Novo President, Chief Executive Officer & Director
Seifollah Ghasemi Non-Executive Chairman
Patrick F. Loughlin Senior Vice President-Operations & Supply Chain
George G. Bitto Chief Financial Officer & Executive Vice President
John G. Langan Chief Technology Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
VERSUM MATERIALS INC2.54%4 303
ECOLAB7.06%41 717
SIKA AG0.00%20 868
SYMRISE3.60%11 122
JOHNSON MATTHEY PLC22.18%9 477
INDORAMA VENTURES PCL--.--%9 441