Kinetics Holding acquires WAFAB International
The acquisition of the US semiconductor equipment company will open doors to university and R&D markets
Kinetics Holding, a full-service process and mechanical contractor for high-technology markets worldwide, has announced the acquisition of Wafab International, a global supplier of wet processing stations and components.
Wafab’s line of specialised chemical deposition tools and established customer base immediately expands Kinetics’ current product portfolio and overall turnkey offering to broaden its global reach and better serve its semiconductor and solar customers from R&D to volume manufacturing.
Kinetics can now offer customers a complete solution with an emphasis on process-driven applications that move business from the semiconductor fabrication plant into the cleanroom, resulting in higher margins and closer involvement with the end-customer.
Peter Maris, Kinetics CEO, said:
“There is obvious synergy between our two companies, both in technology and business. We’ve realised a good working relationship since we first began our cooperation in 2015.”
“Together with Wafab’s domestic equipment manufacturing capability and strength in wet bench technology, Kinetics is well positioned to benefit from its relationships within the university and research lab markets,” he said.
Advantage to Wafab
Wafab develops process technology in a high purity environment, a niche market served by only a few equipment suppliers. Its core products comprise primarily new and refurbished wet benches for processing chemicals and etching wafers.
The acquisition will allow Wafab’s core wet bench business to benefit from an international sales organisation that can introduce Wafab products to customers around the globe.
Jorge Freitas, Wafab General Manager, said:
“Wafab has prided itself on delivering excellence in high purity chemical deposition tools to the R&D and university markets for 20-plus years.”
“We look forward to the exposure and opportunities that being part of this global organisation will provide.”
Wafab’s facility in Livermore, California will serve as the main hub for the US equipment and facility management businesses.
New Kinetics Solutions Group
As part of its overall turnkey strategy, Kinetics also announced that it has combined its equipment, facility management and equipment engineering businesses, including the Wafab products, into one global operating entity.
This allows the company to provide a fully integrated solution to customers who want to simplify their supplier base. The newly established Kinetics Solutions Group (KSG) will have responsibility for all sales, product management, equipment engineering, manufacturing, startup and commissioning and technology innovation.
Kinetics background
Kinetics specialises in the design and installation of process, mechanical, plumbing and HVAC systems. It supports global clients in the microelectronic, solar, biopharmaceutical, data center, R&D and other technology-driven markets.
