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Private equity firm CCMP Capital has completed its acquisition of BOC Edwards, a supplier of vacuum equipment for semiconductor manufacturing, headquartered in Crawley, UK.

Following its acquisition of The BOC Group plc in September 2006, Germany-based gas supplier The Linde Group announced its plan to sell BOC Edwards. On 12 March 2007, CCMP Capital (via its affiliates CCMP Capital Advisors LLC and CCMP Capital Asia Ltd) agreed to the acquisition of BOC Edwards, marking Edwards’ return to independent status nearly 40 years after it was acquired by BOC.

Nigel Hunton, chief executive of BOC Edwards, said: “In the last 40 years our business has grown out of all recognition. We feel that our return to independent status, with a strong partner in CCMP, makes us well placed for success as we transition to our next phase of development”

CCMP Capital Advisors’ Stephen Welton said: “We believe that as an independent company BOC Edwards is ideally positioned to drive further growth in core existing markets such as semiconductors with an exciting range of new products coming through, whilst actively developing in new emerging markets such as solar where we will focus considerable additional resources.”

BOC Edwards employs approximately 4,000 people globally, in the design, manufacture and support of high technology vacuum equipment. Its turnover in 2006 was over $1bn.

See related item:

Linde sells BOC Edwards’ Vacuum and Semiconductor Equipment business to private equity firm

Visit BOC Edwards: http://www.bocedwards.com

Visit CCMP: http://www.ccmpcapital.com

Visit Linde: http://www.linde.com