Mark A. DeSorbo

Pentagon Technologies, Inc. plans to acquire Chemetal, Inc. (Hayward, CA), a provider of semiconductor and microelectronics fabrication equipment, parts, cleaning and reconditioning services.

This acquisition falls in line with Pentagon’s business strategy of offering yield enhancement and defect reduction solutions as “third party” outsourced services provided by the company. After the acquisition, Pentagon will reportedly become the largest supplier of high-performance equipment parts cleaning and reconditioning services.

Under the terms of the agreement, which has been approved by both boards of directors, Pentagon will purchase all of the assets, and certain liabilities, of Chemetal in a cash and equity transaction.

Founded in 1983, Chemetal offers advanced surface cleaning and reconditioning of ultra high vacuum equipment parts and assemblies. It also offers ISO 9001-based logistics management and inventory control systems. Employees of Chemetal will remain with Pentagon. The Hayward facility of Chemetal will continue its operations under Pentagon as part of the Semiconductor Parts Group.

“This acquisition augments the purchase of Support Systems Inc. and Thermal Coatings Inc. completed last year. Both of those companies were recognized regional leaders in parts management. Chemetal is a key acquisition, making Pentagon the leading, and largest, vertical service provider in this segment of the industry,” says Frank McBride, Pentagon’s president and chief executive.

David Rossiter, former president and chief executive of Chemetal, will assume the newly created position of Vice President of Pentagon’s Semiconductor Parts Group.

“I am pleased that Chemetal will become part of Pentagon. The company has made very timely acquisitions during the last 18 months, aggregating several leading companies into a unique outsource operation serving select sectors of the wafer fabrication support and maintenance marketplace,” Rossiter adds.