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CFIUS Clearance: Merck KGaA and Versum Materials, Inc.
Monday, July 17, 2023

Status: Clearance

Acquirer: Merck KGaA (Germany)

Acquired: Versum Materials, Inc. (U.S.)

Value: $5.8 billion

Industry Tags: Materials; Semiconductor


On April 12, 2019, Versum Materials, Inc. announced that it entered into a definitive agreement with Merck KGaA, a publicly trade German company (NYSE: MRK), and its wholly owned subsidiary EMD Performance Materials Holding, Inc., whereby EMD Performance Materials Holding will merge with an into Versum Materials, with Versum Materials surviving as a subsidiary of Merck. (See Press Release, Versum Materials, Inc., Form 8-K, Ex-99.1, Apr. 12, 2019, SEC Filing.) CFIUS Clearance was a condition to completing the merger. (See Section 8.1(d), Agreement and Plan of Merger, Versum Materials, Inc., Form 8-K, Ex-2.1, Apr. 12, 2019, SEC Filing.) On October 7, 2019, Versum Materials announced that it completed the transaction. (See Press Release, Versum Materials, Inc., Form 8-K, Ex-99.1, Oct. 7, 2019, SEC Filing.)

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