SiC Processing

Sector/industry

Recycling services to the silicon wafer manufacturing industry

SiC Processing is a leading provider for the processing of used slurry to the wafer manufacturing industry. The company has an international customer base consisting of wafer manufacturers in the photovoltaic and semiconductor industry. The company operates sites in Norway, Germany, China, the US and Italy. The business model of SiC Processing focuses on long-term contracts, proximity and close partnership with its customers.

Nordic Capital Fund VII acquired SiC Processing in August 2010 through an auction process with the aim to support the expansion plans in particular in the Asian markets.

Management:
  • Thomas Heckmann, CEO
  • Dirk A. Müller, CFO
Board of Directors:
  • Dr. Sönke Bästlein (Chairman)
  • Peter Hansson
  • Johannes Heckmann
  • Daniel Nothelfer
  • Jürgen Ruttmann
Key Information: Revenues 2010*: EUR 161 million Employees: 650 Ownership: Nordic Capital Fund VII, controlling shareholding Date of investment: 2010 Head office: Hirschau/Oberpfalz, Germany
* 2010 sales for companies still in portfolio; sales at exit for divested companies