Entegris terminates ViaForm distribution agreement with Element Solutions, receives $200M

ENTEGRIS INC

Entegris ends exclusive distribution of MacDermid Enthone ViaForm copper plating products; receives $200M ($170M now, $30M at transition).
ViaForm products generated ~$55M in sales for Entegris in 2022 under the Specialty Chemicals & Engineered Materials division.
Proceeds to be used for debt paydown; Entegris will assist in transitioning distribution back to MacDermid Enthone.
Termination aligns with Entegris' strategic focus on higher-value assets; other SCEM product lines not affected.

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