Ferro has acquired EMCA-Remex from ICI’s National Starch and Chemical Co.
CLEVELAND — Ferro Corp. has acquired EMCA-Remex, a manufacturer of thick-film pastes for microelectronics, from ICI’s National Starch and Chemical Co. Terms were not disclosed. EMCA-Remex supplies products used in the automotive, telecommunications and consumer-electronics markets, and has annual sales of approximately $15 million.
Ferro said the acquisition reflects its strategy to expand its electronic-materials business. EMCA-Remex operates a U.S. manufacturing site at Montgomeryville, PA, and a technical service laboratory and production facility in Linton, England.
Ferro Electronic Materials is a major business unit of the company’s Coatings group. The unit produces thick-film pastes and related materials for the microelectronics, electronic-packaging and electronic-components industries; dielectric powders for passive electronic components; and surface polishing compounds. Ferro also is a major manufacturer of powder coatings.