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SCHOTT Expands Semiconductor Manufacturing Footprint with Acquisition of QSIL GmbH Quarzschmelze Ilmenau
To strengthen the company’s commitment to the semiconductor business, SCHOTT/DE has signed a definitive agreement to acquire QSIL GmbH Quarzschmelze Ilmenau/DE. This strategic decision will enable the company to enhance its capabilities by expanding its portfolio to include high-performance quartz glass, a critical material utilized to manufacture microchips. QSIL GmbH Quarzschmelze Ilmenau comes with a state-of-the-art facility in Ilmenau, Germany, unique technology, and a skilled workforce of around 275 employees that have driven its success. Joining SCHOTT’s global network will open up further growth potential in the semiconductor manufacturing space for both companies.
The acquisition comes at a time when semiconductors are playing an increasingly crucial role in global innovation. With the exponential growth of AI and other data-driven technologies, the global demand for advanced semiconductor solutions has surged, driven by the need for more powerful and efficient microchips. Quartz glass is a vital material used in the production process, as it enables manufacturers to achieve higher yields and performance.
For over a decade, SCHOTT has been providing the semiconductor industry with specialty materials and components for high-precision lithography machines and measurement equipment, glass panels for next-generation packaging, and other high-end solutions. “We are excited to combine our expertise with QSIL GmbH Quarzschmelze Ilmenau’s strengths to set new standards together in the growing field of semiconductor manufacturing. This acquisition underscores our commitment to expanding our offerings in this field and providing our customers with the best solutions for their challenges,” said Marcus Knöbel, CFO of SCHOTT.
“As a foundation-owned company with strong values and a longstanding history of success, SCHOTT was an ideal choice for us as the new owner. This partnership is a natural fit, as both companies are forward-thinking, high-tech material experts in major global industries. With this step we follow our mission to successfully continue our growth path of both, the QSIL GmbH Quarzschmelze Ilmenau as well as the other companies of the QSIL Group. We are convinced that this transaction will further strengthen our leading market position, and will be very beneficial for our customers, employees, and especially the semiconductor market,” added Michael Keitz, Managing Director and Co-CEO of QSIL SE.
The closing of the transaction is expected to take place early 2025, subject to approvals from the authorities.
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