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Atotech is a German
speciality chemicals Specialty chemicals (also called specialties or effect chemicals) are particular chemical products that provide a wide variety of effects on which many other industry sectors rely. Some of the categories of speciality chemicals are adhesives, agri ...
and equipment company that operates in 40 countries. It provides chemistry and equipment for companies that manufacture printed circuit boards, IC-substrates and semiconductors; and also provides specialty chemicals and equipment for decorative and functional surface finishing in the automotive, construction, furniture and other industries. The company is composed of two main business units: Electronics and General Metal Finishing. Of the over 4,000 employees, approximately 56% are in
Asia Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...
; 35% are in
Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...
; and 9% are in the
Americas The Americas, sometimes collectively called America, are a landmass comprising the totality of North America and South America.''Webster's New World College Dictionary'', 2010 by Wiley Publishing, Inc., Cleveland, Ohio. When viewed as a sing ...
. The company owns approximately 2,300 patents. The company has manufacturing, technology centers, and sales and service sites in over 40 countries, including
Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...
,
Czech Republic The Czech Republic, also known as Czechia, and historically known as Bohemia, is a landlocked country in Central Europe. The country is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the south ...
,
Slovenia Slovenia, officially the Republic of Slovenia, is a country in Central Europe. It borders Italy to the west, Austria to the north, Hungary to the northeast, Croatia to the south and southeast, and a short (46.6 km) coastline within the Adriati ...
,
Spain Spain, or the Kingdom of Spain, is a country in Southern Europe, Southern and Western Europe with territories in North Africa. Featuring the Punta de Tarifa, southernmost point of continental Europe, it is the largest country in Southern Eur ...
,
China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
,
Korea Korea is a peninsular region in East Asia consisting of the Korean Peninsula, Jeju Island, and smaller islands. Since the end of World War II in 1945, it has been politically Division of Korea, divided at or near the 38th parallel north, 3 ...
,
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...
,
Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...
,
India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
,
Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...
,
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
,
Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...
,
Mexico Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundar ...
and
Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...
. Its headquarters is in
Berlin Berlin ( ; ) is the Capital of Germany, capital and largest city of Germany, by both area and List of cities in Germany by population, population. With 3.7 million inhabitants, it has the List of cities in the European Union by population withi ...
, Germany. Atotech was founded in 1993, when ELFAtochem merged its M&T Harshaw operations with the
electroplating Electroplating, also known as electrochemical deposition or electrodeposition, is a process for producing a metal coating on a solid substrate through the redox, reduction of cations of that metal by means of a direct current, direct electric cur ...
division of
Schering AG Schering AG was a research-centered German multinational pharmaceutical company headquartered in Wedding, Berlin, which operated as an independent company from 1851 to 2006. In 2006, it was bought by Bayer AG and merged to form the Bayer su ...
. Major competitors of Atotech are the US-based companies
Element Solutions Element Solutions Inc is an American specialty chemicals production corporation listed on the New York Stock Exchange. History The corporation was founded in 2013 by Martin E. Franklin, with financial backing from Bill Ackman William Alber ...
, DuPont, and the French company Coventya.


History

Atotech traces its origins to Grüne Apotheke founded in Berlin in 1851 by
Ernst Christian Friedrich Schering Ernst Christian Friedrich Schering (31 May 1824 – 27 December 1889) was a German apothecary and industrialist who created the Schering Corporation. The company split into Schering AG and Schering-Plough after US assets were seized during W ...
. In 1901, the electroplating division was launched. It produced salt mixtures for storing metals with the brand name Trisalyt. In 1927, Chemische Fabrik auf Actien (vorm E. Schering) merged with CAF Kahlbaum Chemische Fabrik GmbH to create Schering-Kahlbaum AG (known as Schering AG after 1937). In 1936, the electroplating division developed the first “fast” electrolyte – Copper Trisalyt Extra Rapid – as well as the world's first gloss surface bath, called 'Brilliant.' The success of these innovations led to the establishment of the first department for electroplating. In 1951, Schering AG started its electroplating division in
Feucht Feucht is a market town and municipality southeast of Nuremberg in the district of Nürnberger Land in Bavaria, Germany. The name Feucht () is derived from the Old High German noun "viuhtje" - "fichta", which is the spruce tree (vernacularly Féic ...
, Germany, where Atotech had its main equipment production site. In 1989, the electroplating division moved to a new location in Berlin, Germany. In 1993, Schering AG sold its electroplating division to the French chemical company ELF Atochem. Subsequently, ELFAtochem merged its subsidiary M&T Harshaw with the newly acquired electroplating division from Schering AG and founded Atotech Deutschland GmbH. The company established factories and service centers in Germany. Later, manufacturing and service networks were launched across Europe, Asia, and subsequently in the Americas. At the end of 2016, Atotech was sold by Total to
The Carlyle Group The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management. Carlyle specializes in ...
. In March 2017, Geoff Wild was appointed as CEO of Atotech. The company's CFO is Peter Frauenknecht. John Stephenson heads the operations of the Group as COO. Josh McMorrow is Group General Counsel for Atotech. On February 4, 2021, Atotech went public with an
IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
under the ticker name "ATC". In July 2021,
MKS Instruments MKS Inc. is a technology company that supplies instruments, subsystems, systems, process control technologies, and specialty chemical products used in manufacturing semiconductor chips, printed circuit board A printed circuit board (PCB) ...
agreed to purchase Atotech for $5.1 billion in cash-and stock deal.


Structure

Atotech has two core business segments. These are electronics (printed circuit boards and semi-conductors) and general metal finishing, (for automobiles, construction, furniture and more). The company provides custom-made integrated production systems and local service to its customers worldwide.


Products

Atotech provides specialty chemical processes and equipment for the *
Printed circuit board A printed circuit board (PCB), also called printed wiring board (PWB), is a Lamination, laminated sandwich structure of electrical conduction, conductive and Insulator (electricity), insulating layers, each with a pattern of traces, planes ...
industry * Package substrate industry *
Semiconductor A semiconductor is a material with electrical conductivity between that of a conductor and an insulator. Its conductivity can be modified by adding impurities (" doping") to its crystal structure. When two regions with different doping level ...
industry * Decorative and functional
surface finishing Surface finishing is a broad range of industrial processes that alter the surface of a manufactured item to achieve a certain property. Finishing processes may be employed to: improve product appearance, adhesion or wettability, solderability, ...
industry ( decorative coatings, corrosion protection coatings, electroless nickel, hard chrome, functional electronic coatings)


References

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External links


Official website
Chemical companies of Germany 2021 initial public offerings Companies listed on the New York Stock Exchange Manufacturing companies based in Berlin Chemical companies established in 1993 German companies established in 1993 2021 mergers and acquisitions The Carlyle Group companies