Entegris: Growing demand for single-use tech drives Flex Concepts buy
According to the acquisition agreement, Flex Concepts will transfer its Utah, US-based manufacturing and warehouse sites, and all employees, to speciality-chemical firm Entegris. The purchase price is non-material to Entegris’ overall financial statements, we were told.
Entegris stated, “Flex Concepts’ quick-turn, custom-configured, single-use product technology is a complement to Entegris’ existing single-use bag product line.”
The decision to acquire the vendor responds to increased demand for single-use technologies, Entegris spokesperson Eric Isberg told us.
“The addition of Flex also brings us manufacturing location redundancy to help ensure security of supply of products,” he added.
The Logan, Utah-based facility joins Entegris’ manufacturing, customer services, and research facility network across the US, China, France, Germany, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan.
