UCT Completes Acquisition of Ham-Let (Israel-Canada) Ltd.
HAYWARD, Calif., March 31, 2021 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced it has completed the acquisition of Ham-Let (Israel-Canada) Ltd. ("Ham-Let") for approximately $351 million, in a transaction which includes $284 million of equity value plus $67 million of net debt.
"The timing of this acquisition is ideal as growing semiconductor demand and increased device complexity are creating significant business opportunity," said Jim Scholhamer, CEO. "The addition of Ham-Let's high value, process instrumentation and flow control systems to our current set of offerings adds even more value to, and deepens our partnerships with our customers as we work together t