CCMP Capital has reached an agreement with The Linde Group, the global gases company, to acquire BOC Edwards, a manufacturer of vacuum equipment. The deal is valued at €685m (£460m), with an additional payment of €65m (£45m) if CCMP Capital is successful in developing the business and subsequently exiting its investment. BOC Edwards is a global supplier of equipment and services to the world’s most advanced industries, including semiconductor, flat panel display, chemical, metallurgical, analytical instrumentation and R&D. It supplies major manufacturers in Asia, Europe and the Americas through a worldwide manufacturing and sales network.
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