Atotech Limited, a chemicals technology company, provides specialty electroplating and surface finishing solutions worldwide. The company operates in two segments, Electronics (EL) and General Metal Finishing (GMF). The EL segment manufactures and supplies chemistry, production equipment, and services to the electronics industry, which include printed circuit board manufacturers, package substrate makers, and semiconductor companies. Its products and technologies serve the principal electronics end-markets, including communication, computer, automotive, industrial, medical, aerospace, and military industries. The GMF segment provides chemistry, production technology, and services to the surface finishing industries in various areas of application. Its products and technologies serve the primary surface finishing end-markets comprising the automotive, consumer electronics, construction, sanitary, white goods, and oil and gas industries. The company also offers on-site support and training services. Atotech Limited was founded in 1851 and is headquartered in West Bromwich, United Kingdom.
IPO Year: 2021
Exchange: NYSE
Website: atotech.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/12/2021 | $25.00 | Overweight → Underweight | JP Morgan |
| 7/28/2021 | $27.00 → $26.00 | Outperform → Sector Perform | RBC Capital |
| 7/6/2021 | $27.00 → $26.00 | Buy → Neutral | UBS |
| 7/6/2021 | $30.50 → $26.00 | Buy → Hold | Jefferies |
| 7/2/2021 | $25.00 → $26.00 | Buy → Hold | Deutsche Bank |
| 7/1/2021 | Neutral | CL King |
SC 13G - Atotech Ltd (0001762459) (Subject)
Positions MKS to Optimize the InterconnectSM – the Next Frontier for Electronic Device Miniaturization and ComplexityAtotech's leadership in functional and decorative surface finishing will also extend MKS' product offering for industrial applications and grow market reach ANDOVER, Mass., Aug. 17, 2022 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) ("MKS"), a global provider of technologies that enable advanced processes and improve productivity, today announced the completion of the previously announced acquisition of Atotech Limited (NYSE:ATC) ("Atotech") for approximately $4.4 billion in cash and MKS common stock. Atotech is a global leader in process chemicals, equipment, so
ANDOVER, Mass., Aug. 15, 2022 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) ("MKS"), a global provider of technologies that enable advanced processes and improve productivity, and Atotech Limited (NYSE:ATC) ("Atotech"), a leading process chemicals technology company and a market leader in advanced electroplating solutions, today announced that the Royal Court of Jersey sanctioned the scheme of arrangement to implement MKS' pending acquisition of Atotech. All material conditions to the closing of the acquisition have now been satisfied and the closing is scheduled for August 17, 2022, when the court order sanctioning the scheme of arrangement will be delivered to the Registrar of
ANDOVER, Mass. and BERLIN, July 28, 2022 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) ("MKS"), a global provider of technologies that enable advanced processes and improve productivity, and Atotech Limited (NYSE:ATC) ("Atotech"), a leading process chemicals technology company and a market leader in advanced electroplating solutions, today announced that they have received unconditional merger approval from China's State Administration for Market Regulation for MKS' pending acquisition of Atotech. The transaction has now received all required regulatory clearances. The acquisition, which is to be effected by means of a scheme of arrangement under the laws of the Bailiwick o
BERLIN, July 19, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE:ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, announced today that it will report its financial results for the second quarter of 2022 at 6:00 a.m. Eastern time on Tuesday, August 9, 2022. Due to the company's pending transaction with MKS Instruments, Atotech will not host a conference call to discuss the second quarter results. About Atotech Atotech is a leading specialty chemicals technology company and a market leader in advanced electroplating solutions. Atotech delivers chemistry, equipment, software, and services for innovative technology applications through a
New site allows Atotech to significantly expand its production capacity in Mexico and the AmericasSpecial guests included Mauricio Kuri, Governor of Querétaro state, and Marco Antonio Del Prete III, Secretary of Industrial Development from the Estate Government of Querétaro. BERLIN and QUERÉTARO, Mexico, July 14, 2022 (GLOBE NEWSWIRE) -- Today, Atotech (NYSE:ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, celebrated the inauguration of its new production site in Querétaro, Mexico. The site is located at Parque Industrial Aeropuerto (PIA) Colón and has a capacity to produce 33 tons/day. In Querétaro, Atotech produces product
Generates first quarter revenue of $358 million, approximately 1% over the prior-year period; chemistry organic revenue grew 3%Reports net income of $48 million, compared to a net loss of $72 million in the first quarter of 2021, the latter reflecting one-time expenses during last year's re-financing activitiesDelivers Adjusted EBITDA1 of $112 million, a 2% increase over the prior-year period due to strong Electronics organic revenue growthReduces net leverage to 2.7x BERLIN, May 11, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE:ATC) (the "Company"), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, today reported its financial results f
SEL to utilize Atotech's Uniplate® equipment at SEL's new PCB manufacturing facility in Idaho, USAAtotech products help SEL to build highly automated and environmentally sound PCB-manufacturing operation BERLIN, May 04, 2022 (GLOBE NEWSWIRE) -- Atotech, a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, and Schweitzer Engineering Laboratories ("SEL"), an industry leader in the design and manufacture of digital products and systems that protect, control, and automate electric power systems, today announced that they will partner at SEL's state-of-the-art manufacturing facility under construction in Idaho, USA. SEL will utilize Atotec
BERLIN, April 27, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE:ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, announced today that it will release first quarter earnings at 6:00 a.m. Eastern time on Wednesday, May 11, 2022. Due to the pending transaction with MKS Instruments, Atotech will not host a conference call to discuss these results. About Atotech Atotech is a leading specialty chemicals technology company and a market leader in advanced electroplating solutions. Atotech delivers chemistry, equipment, software, and services for innovative technology applications through an integrated systems-and-solutions approach. At
BERLIN, April 19, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE:ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, today announced that it has filed its 2021 annual report on Form 20-F, including its audited financial statements for the year ended December 31, 2021, with the U.S. Securities and Exchange Commission on EDGAR. The Form 20-F is also available under the Investor Relations section of Atotech's website and a hard copy will be provided to shareholders free of charge upon written request to [email protected]. Atotech's audited financial statements for the full-year ended December 31, 2021 are consistent with the u
Generates record full-year 2021 revenues of $1.5 billion1, an increase of 21% over the prior-year period, including chemistry organic revenue growth of 11%Reports 2021 net income of $7.5 million, compared to a net loss of $289 million in 2020, the latter including impairment charges of $279.5 million of our GMF segment as a result of changed market conditions caused by the COVID-19 pandemicDelivers record 2021 Adjusted EBITDA2 of $458 million, a 26% increase over the prior-year periodYear-end Net debt leverage decreased to 2.8x BERLIN, April 04, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE:ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solu
BERLIN, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE:ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, announced today that Brian Bernasek, a member of the company's Board of Directors, has resigned as a director as of January 31, 2022. The Board has appointed Klaus-Günter Vennemann as a Director and a member of the Board's Audit Committee, effective February 1, 2022. Mr. Vennemann is a management consultant and a member of the Supervisory Board of Rheinmetall since 2016. He was previously the CEO of the General Lighting business unit of OSRAM AG. The Board has determined that Mr. Vennemann is an independent director withi
BERLIN, March 25, 2021 (GLOBE NEWSWIRE) -- Atotech (NYSE: ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, announced today that Sarah Spray will join the company on April 15, 2021 as Global Head of Investor Relations & Communications. Based in New York, U.S.A., she will report to the Chief Financial Officer, Peter Frauenknecht. Peter Frauenknecht, CFO Atotech, said: “I am delighted that Sarah is joining us. She is a seasoned professional, who brings outstanding communication skills, financial acumen, and decades of capital market experience to the table. She will be a tremendous asset to the company and a key contributor a
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6-K - Atotech Ltd (0001762459) (Filer)
6-K - Atotech Ltd (0001762459) (Filer)
6-K - Atotech Ltd (0001762459) (Filer)
6-K - Atotech Ltd (0001762459) (Filer)
6-K - Atotech Ltd (0001762459) (Filer)
6-K - Atotech Ltd (0001762459) (Filer)
ANDOVER, Mass., Aug. 15, 2022 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) ("MKS"), a global provider of technologies that enable advanced processes and improve productivity, and Atotech Limited (NYSE:ATC) ("Atotech"), a leading process chemicals technology company and a market leader in advanced electroplating solutions, today announced that the Royal Court of Jersey sanctioned the scheme of arrangement to implement MKS' pending acquisition of Atotech. All material conditions to the closing of the acquisition have now been satisfied and the closing is scheduled for August 17, 2022, when the court order sanctioning the scheme of arrangement will be delivered to the Registrar of
ANDOVER, Mass. and BERLIN, July 28, 2022 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) ("MKS"), a global provider of technologies that enable advanced processes and improve productivity, and Atotech Limited (NYSE:ATC) ("Atotech"), a leading process chemicals technology company and a market leader in advanced electroplating solutions, today announced that they have received unconditional merger approval from China's State Administration for Market Regulation for MKS' pending acquisition of Atotech. The transaction has now received all required regulatory clearances. The acquisition, which is to be effected by means of a scheme of arrangement under the laws of the Bailiwick o
BERLIN, July 19, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE:ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, announced today that it will report its financial results for the second quarter of 2022 at 6:00 a.m. Eastern time on Tuesday, August 9, 2022. Due to the company's pending transaction with MKS Instruments, Atotech will not host a conference call to discuss the second quarter results. About Atotech Atotech is a leading specialty chemicals technology company and a market leader in advanced electroplating solutions. Atotech delivers chemistry, equipment, software, and services for innovative technology applications through a
Generates first quarter revenue of $358 million, approximately 1% over the prior-year period; chemistry organic revenue grew 3%Reports net income of $48 million, compared to a net loss of $72 million in the first quarter of 2021, the latter reflecting one-time expenses during last year's re-financing activitiesDelivers Adjusted EBITDA1 of $112 million, a 2% increase over the prior-year period due to strong Electronics organic revenue growthReduces net leverage to 2.7x BERLIN, May 11, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE:ATC) (the "Company"), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, today reported its financial results f
BERLIN, April 27, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE:ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, announced today that it will release first quarter earnings at 6:00 a.m. Eastern time on Wednesday, May 11, 2022. Due to the pending transaction with MKS Instruments, Atotech will not host a conference call to discuss these results. About Atotech Atotech is a leading specialty chemicals technology company and a market leader in advanced electroplating solutions. Atotech delivers chemistry, equipment, software, and services for innovative technology applications through an integrated systems-and-solutions approach. At
Generates record full-year 2021 revenues of $1.5 billion1, an increase of 21% over the prior-year period, including chemistry organic revenue growth of 11%Reports 2021 net income of $7.5 million, compared to a net loss of $289 million in 2020, the latter including impairment charges of $279.5 million of our GMF segment as a result of changed market conditions caused by the COVID-19 pandemicDelivers record 2021 Adjusted EBITDA2 of $458 million, a 26% increase over the prior-year periodYear-end Net debt leverage decreased to 2.8x BERLIN, April 04, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE:ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solu
BERLIN, April 01, 2022 (GLOBE NEWSWIRE) -- Atotech (NYSE:ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, announced today that it will release fourth quarter and full-year 2021 earnings at 6:00 a.m. Eastern time on Monday, April 4, 2022. Due to the pending transaction with MKS Instruments, Atotech will not host a conference call to discuss these results. About Atotech Atotech is a leading specialty chemicals technology company and a market leader in advanced electroplating solutions. Atotech delivers chemistry, equipment, software, and services for innovative technology applications through an integrated systems-and-solution
BERLIN, April 01, 2022 (GLOBE NEWSWIRE) -- Atotech Limited (NYSE:ATC) ("Atotech"), a leading process chemicals technology and advanced electroplating solutions company, today announced that it has agreed to extend the date for completing MKS Instruments, Inc.'s ("MKS") pending acquisition of Atotech to September 30, 2022 from March 31, 2022. The extension is intended to allow additional time for the regulatory approval from China's State Administration for Market Regulation ("SAMR"). "We are continuing to make strong progress towards the deal close, having received approval from 12 of 13 regulatory authorities," said Geoff Wild, CEO of Atotech. "We look forward to continuing to work const
ANDOVER, Mass., April 01, 2022 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) ("MKS"), a global provider of technologies that enable advanced processes and improve productivity, today announced that it has agreed with Atotech Limited (NYSE:ATC) ("Atotech") to extend the date for completing MKS' previously announced and pending acquisition of Atotech to September 30, 2022 from March 31, 2022. The extension is intended to allow additional time for the regulatory approval from China's State Administration for Market Regulation ("SAMR"). The parties recently withdrew and refiled their notice of acquisition with SAMR to allow SAMR more time to complete its review. The transaction has
ANDOVER, Mass. and LONDON, Dec. 14, 2021 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) ("MKS"), a global provider of technologies that enable advanced processes and improve productivity, and Atotech Limited (NYSE:ATC) ("Atotech"), a leading process chemicals technology and advanced electroplating solutions company, today provided the following update on MKS' previously announced pending acquisition of Atotech. The pending acquisition has received the approval, or indication of imminent approval, from 12 out of 13 global antitrust regulatory authorities, which approvals are conditions to the closing of the transaction. In China, the remaining jurisdiction, MKS and Atotech are
JP Morgan downgraded Atotech from Overweight to Underweight and set a new price target of $25.00
RBC Capital downgraded Atotech from Outperform to Sector Perform and set a new price target of $26.00 from $27.00 previously
UBS downgraded Atotech from Buy to Neutral and set a new price target of $26.00 from $27.00 previously
Jefferies downgraded Atotech from Buy to Hold and set a new price target of $26.00 from $30.50 previously
Deutsche Bank downgraded Atotech from Buy to Hold and set a new price target of $26.00 from $25.00 previously
CL King initiated coverage of Atotech with a rating of Neutral
Credit Suisse resumed coverage of Atotech with a rating of Outperform and set a new price target of $24.00
Barclays initiated coverage of Atotech with a rating of Equal Weight and set a new price target of $23.00
Barclays initiated coverage of Atotech with a rating of Equal Weight and set a new price target of $23.00
Credit Suisse Group initiated coverage of Atotech with a rating of Outperform and set a new price target of $23.00
MKS Instruments, Inc. (NASDAQ: MKSI) (“MKS”), a global provider of technologies that enable advanced processes and improve productivity, and Atotech Limited (NYSE:ATC) (“Atotech”), a leading process chemicals technology company and a market leader in advanced electroplating solutions, today announced that the Royal Court of Jersey sanctioned the scheme of arrangement to implement MKS’ pending acquisition of Atotech. All material conditions to the closing of the acquisition have now been satisfied and the closing is scheduled for August 17, 2022, when the court order sanctioning the scheme of arrangement will be delivered to the Registrar of Companies for the Bailiwick of Jersey. As previous
Atotech (NYSE:ATC) reported its Q2 earnings results on Tuesday, August 9, 2022 at 06:00 AM. Here's what investors need to know about the announcement. Earnings Atotech missed estimated earnings by 50.0%, reporting an EPS of $0.12 versus an estimate of $0.24. Revenue was down $18.50 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.23 which was followed by a 1.61% drop in the share price the next day. Here's a look at Atotech's past performance: Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021 EPS Estimate 0.14 0.17 0.19 0.13 EPS Actual 0.37 0.15 0.27 0.29
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MKS Instruments, Inc. (NASDAQ: MKSI) ("MKS"), a global provider of technologies that enable advanced processes and improve productivity, and Atotech Limited (NYSE:ATC) ("Atotech"), a leading process chemicals technology company and a market leader in advanced electroplating solutions, today announced that they have received unconditional merger approval from China's State Administration for Market Regulation for MKS' pending acquisition of Atotech. The transaction has now received all required regulatory clearances. The acquisition, which is to be effected by means of a scheme of arrangement under the laws of the Bailiwick of Jersey (the "Scheme"), is anticipated to close on August 17, 20
Wednesday's session saw 269 companies set new 52-week lows. 52-Week Low Highlights: The largest company in terms of market cap to set a new 52-week low was Procter & Gamble (NYSE:PG). The smallest company by market cap to set a new 52-week low was Quoin Pharmaceuticals (NASDAQ:QNRX). 180 Life Sciences (NASDAQ:ATNF) was the biggest loser of the morning session, as it dropped 34.1% to reach its new 52-week low. Invesco High Income 2023 (NYSE:IHIT) saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low. Here are all the stocks that set new 52-week lows on Wednesday: Procter & Gamble (NYSE:PG) stock dropped to a yearly low on Wednesday
On Tuesday, 951 companies hit new 52-week lows. Interesting Highlights From Today's 52-Week Lows: Microsoft (NASDAQ:MSFT) was the biggest company on a market cap basis to set a new 52-week low. Saverone 2014 (NASDAQ:SVRE) was the smallest company in terms of market cap to set a new 52-week low. SeaChange International (NASDAQ:SEAC) was the biggest loser, trading down 38.65% to reach its 52-week low. Prospect Capital (NASDAQ:PSEC)'s stock bounced back the most, actually rising 0.0% after reaching its new 52-week low. On Tuesday, the following stocks set new 52-week lows: Microsoft (NASDAQ:MSFT) shares set a new yearly low of $241.52 this morning. The stock was up 0.08% on the s
On Wednesday, 215 companies set new 52-week lows. Areas of Interest About Today's 52-Week Lows: The company with the largest market cap to set a new 52-week low was Nike (NYSE:NKE). Helius Medical Tech (NASDAQ:HSDT) was the smallest firm by market cap to set a new 52-week low. Verrica Pharmaceuticals (NASDAQ:VRCA)'s stock traded down the lowest, falling 58.79% to reach a new 52-week low. Orthofix Medical (NASDAQ:OFIX)'s stock rebounded the most, as it traded up 0.0% after dropping to a new 52-week low. The following stocks set new 52-week lows on Wednesday: Nike (NYSE:NKE) stock dropped to a yearly low on Wednesday of $103.47. Shares traded up 0.33%. Infosys (NYSE:INFY) stock
On Wednesday, 216 stocks hit new 52-week lows. Facts of Interest About Today's 52-Week Lows: Walmart (NYSE:WMT) was the largest firm by market cap to set a new 52-week low. The smallest company by market cap to set a new 52-week low was Acorda Therapeutics (NASDAQ:ACOR). Target (NYSE:TGT)'s stock moved significantly downwards, trading down 24.77% to reach a new 52-week low. Western Asset Invstm Grd (NYSE:IGI) was the most promising stock of the group, with shares actually trading up 0.05% to bounce back after reaching its new 52-week low. On Wednesday, the following stocks hit new 52-week lows: Walmart (NYSE:WMT) shares set a new yearly low of $123.15 this morning. The stock w
Atotech (NYSE:ATC) reported its Q1 earnings results on Wednesday, May 11, 2022 at 06:00 AM. Here's what investors need to know about the announcement. Earnings Atotech beat estimated earnings by 164.29%, reporting an EPS of $0.37 versus an estimate of $0.14. Revenue was up $4.90 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.02 which was followed by a 2.34% drop in the share price the next day. Here's a look at Atotech's past performance: Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021 EPS Estimate 0.17 0.19 0.13 0.09 EPS Actual 0.15 0.27 0.29 -0.55
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