Graco Inc. Completes Acquisition of PCT Systems
Graco Inc. (NYSE:GGG) has acquired the megasonic and ultrasonic wet cleaning systems business of PCT Systems, a California-based manufacturer of high-purity fluid handling solutions. PCT serves various industries, including semiconductor, medtech, remediation, advanced optics, glass, and additives. The company specializes in designing and manufacturing heated process tanks, megasonic cleaning systems, generators, transducer assemblies, and custom tanks.
Graco's President and CEO, Mark Sheahan, stated that this acquisition complements their existing line of high-purity chemical delivery equipment used in producing semiconductors, solar panels, LED flat panel displays, and other electronics. The move is considered a strategic fit within Graco's White Knight business and supports their expansion in the semiconductor market.
Graco Inc. (NYSE:GGG) ha acquisito l'attività dei sistemi di pulizia umida megasonica e ultrasonica di PCT Systems, un produttore con sede in California specializzato in soluzioni per la gestione di fluidi ad alta purezza. PCT serve vari settori, tra cui semiconduttori, tecnologia medica, bonifica, ottica avanzata, vetro e additivi. L'azienda è specializzata nella progettazione e produzione di serbatoi di processo riscaldati, sistemi di pulizia megasonica, generatori, assemblaggi di trasduttori e serbatoi personalizzati.
Il presidente e CEO di Graco, Mark Sheahan, ha dichiarato che questa acquisizione completa l'attuale gamma di attrezzature per la consegna di sostanze chimiche ad alta purezza utilizzate nella produzione di semiconduttori, pannelli solari, display a LED e altre elettroniche. Questa mossa è considerata un adattamento strategico all'interno dell'attività White Knight di Graco e sostiene la loro espansione nel mercato dei semiconduttori.
Graco Inc. (NYSE:GGG) ha adquirido el negocio de sistemas de limpieza húmeda megasonica y ultrasonica de PCT Systems, un fabricante con sede en California de soluciones de manejo de fluidos de alta pureza. PCT atiende a diversas industrias, incluyendo semiconductores, tecnología médica, remediación, óptica avanzada, vidrio y aditivos. La compañía se especializa en el diseño y fabricación de tanques de proceso calefaccionados, sistemas de limpieza megasonica, generadores, conjuntos de transductores y tanques personalizados.
El presidente y CEO de Graco, Mark Sheahan, declaró que esta adquisición complementa su línea actual de equipos de entrega de químicos de alta pureza utilizados en la producción de semiconductores, paneles solares, pantallas planas LED y otras electrónicas. Este movimiento se considera un ajuste estratégico dentro del negocio White Knight de Graco y apoya su expansión en el mercado de semiconductores.
Graco Inc. (NYSE:GGG)는 PCT Systems의 메가소닉 및 초음파 습식 세척 시스템 사업부를 인수했습니다. PCT Systems는 고순도 유체 관리 솔루션을 제공하는 캘리포니아 기반 제조업체입니다. PCT는 반도체, 의료 기술, 복원, 첨단 광학, 유리 및 첨가제 등 다양한 산업에 서비스를 제공합니다. 이 회사는 가열된 공정 탱크, 메가소닉 세척 시스템, 발전기, 변환기 조립체 및 맞춤형 탱크의 설계 및 제조를 전문으로 합니다.
Graco의 사장 겸 CEO인 Mark Sheahan은 이번 인수가 반도체, 태양광 패널, LED 평판 디스플레이 및 기타 전자 기기 생산에 사용되는 고순도 화학 물질 전달 장비의 기존 라인을 보완한다고 밝혔습니다. 이 조치는 Graco의 White Knight 사업부 내에서 전략적으로 잘 맞는 투자로 간주되며, 반도체 시장에서의 확장을 지원합니다.
Graco Inc. (NYSE:GGG) a acquis l'activité de systèmes de nettoyage humide méga-soniques et ultrasoniques de PCT Systems, un fabricant basé en Californie spécialisé dans les solutions de gestion de fluides de haute pureté. PCT sert diverses industries, y compris les semi-conducteurs, la technologie médicale, la dépollution, l'optique avancée, le verre et les additifs. La société se spécialise dans la conception et la fabrication de réservoirs de processus chauffés, de systèmes de nettoyage méga-soniques, de générateurs, d'assemblages de transducteurs et de réservoirs sur mesure.
Le président et CEO de Graco, Mark Sheahan, a déclaré que cette acquisition complète leur gamme actuelle d'équipements de délivrance de produits chimiques de haute pureté utilisés dans la production de semi-conducteurs, de panneaux solaires, d'affichages à LED et d'autres appareils électroniques. Ce mouvement est considéré comme un ajustement stratégique au sein de l'activité White Knight de Graco et soutient leur expansion sur le marché des semi-conducteurs.
Graco Inc. (NYSE:GGG) hat das Geschäft mit megasonischen und ultrasonischen Nassreinigungssystemen von PCT Systems übernommen, einem in Kalifornien ansässigen Hersteller von Hochreinfluid-Handlösungssystemen. PCT bedient verschiedene Branchen, darunter Halbleiter, Medizintechnik, Sanierung, fortschrittliche Optik, Glas und Additive. Das Unternehmen ist auf die Entwicklung und den Bau von beheizten Prozessbehältern, megasonischen Reinigungssystemen, Generatoren, Wandlerbaugruppen und kundenspezifischen Behältern spezialisiert.
Gracos Präsident und CEO, Mark Sheahan, erklärte, dass diese Übernahme ihre bestehende Produktlinie für Hochrein-Chemikalliefergeräte ergänzt, die bei der Herstellung von Halbleitern, Solarzellen, LED-Flachbilddisplays und anderen Elektronikprodukten verwendet werden. Der Schritt wird als strategische Ergänzung innerhalb von Gracos White Knight-Geschäft angesehen und unterstützt ihre Expansion im Halbleitermarkt.
- Acquisition complements Graco's existing high-purity chemical delivery equipment line
- Expands Graco's presence in the semiconductor market
- Diversifies product offerings with PCT's specialized equipment
- Strategic fit within Graco's White Knight business
- None.
Insights
Graco Inc.'s acquisition of PCT Systems' megasonic and ultrasonic wet cleaning systems business is a strategic move to strengthen its position in the high-purity fluid handling market. This acquisition complements Graco's existing product line and expands its footprint in the semiconductor industry, which is experiencing robust growth due to increasing demand for electronic devices.
While the financial terms of the deal weren't disclosed, this acquisition is likely to have a positive impact on Graco's revenue stream. PCT's diverse customer base across industries such as semiconductor, medtech and advanced optics provides Graco with cross-selling opportunities and potential for market share expansion. Investors should monitor Graco's upcoming financial reports to gauge the acquisition's impact on revenue growth and profitability.
The acquisition of PCT Systems' wet cleaning systems business is a shrewd move by Graco, positioning itself strongly in the critical semiconductor manufacturing process. Megasonic and ultrasonic cleaning technologies are essential for producing high-quality semiconductors with minimal defects, a important factor as chip designs become more complex and miniaturized.
As the global semiconductor shortage continues and demand for advanced chips grows, Graco is well-positioned to capitalize on increased capital expenditure in the industry. This acquisition also aligns with the trend of supply chain localization in the U.S. semiconductor industry, potentially benefiting from government initiatives like the CHIPS Act. Investors should view this as a long-term strategic play in a high-growth, high-value sector.
Graco's acquisition of PCT Systems' business segment is a calculated expansion into high-growth markets. The semiconductor industry, in particular, is projected to reach
Moreover, the diversification into medtech and advanced optics provides resilience against cyclical downturns in any single industry. The move also enhances Graco's competitive edge in the high-purity fluid handling solutions market, potentially leading to improved profit margins. Investors should view this as a positive step towards long-term growth and market leadership in specialized industrial equipment.
“The acquisition of this business complements our existing line of high-purity chemical delivery equipment used in the production of semiconductors, solar panels, LED flat panel displays, and various other electronics,” said Mark Sheahan, Graco's President and CEO. “This acquisition is a strategic fit within our White Knight business and supports our expansion in the semiconductor market.”
ABOUT GRACO
Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties,
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Investors: David M. Lowe, 612-623-6456
Media: Meredith Sobieck, 763-353-1498
Meredith_A_Sobieck@graco.com
Source: Graco Inc.
FAQ
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