KMG Chemicals Inc. (NYSE: KMG) is acquiring the ultra-pure chemicals subsidiaries of OM Group (NYSE: OMG) for about $60 million in cash.

The pure chemicals group includes four facilities in Europe, two in Asia and one in North American. The North American facility sells products, mainly chemicals for electronics manufacturers, in the Cyantek brand name. The chemicals are used for cleaning, etching, stripping and other needs of semiconductor makers.

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