MacDermid Alpha Electronics Solutions announced that it has acquired Kester from Illinois Tool Works Inc.
Kester is a global supplier of assembly materials used in electronics assembly and semiconductor applications. The business has manufacturing facilities in the U.S. and Germany and its products serve customers globally across a diverse set of end-markets including consumer electronics, telecommunications, medical, automotive and military and aerospace.
“We are very excited to announce the acquisition of Kester. Kester has a long history of providing innovative and high-quality materials used in the assembly of semiconductor and electronics packages,” said Rick Ertmann, Senior Vice President of the Assembly Solutions division of MacDermid Alpha Electronics Solutions.
Mr. Ertmann continued his comments, “We believe that Kester’s product lines, customer relationships, and resources will augment our position in delivering solutions with the lowest total cost of ownership to our customers. With this acquisition, MacDermid Alpha will continue to be well-situated to capitalize on the many emerging trends in the electronics industry. As the lines between the assembly technologies that are employed in all facets of electronics continue to merge, we view this acquisition as one of many steps that we are taking to position the business for continued growth as we work with customers to solve their assembly packaging challenges.”
This acquisition is aligned with MacDermid Alpha Electronics Solutions’ strategic goals and priorities, namely to drive growth through the delivery of innovative, value added solutions and services into the global electronics assembly industry. Kester’s leading products and development initiatives will amplify the already strong programs in the MacDermid Alpha pipeline and will enable continued focus on high growth segments, such as automotive, PV, consumer, and communication.