United Mineral & Chemical (UMC), a supplier of semiconductor materials, has acquired Pred Materials International (PMI), a corporation serving energy storage, structural ceramic and electronic materials markets.
PMI joins UMC’s Deposition Products Group in Lyndhurst, New Jersey. Alexandre Leviant, CEO of ICD Group, the parent company of UMC, said, “The acquisition of Pred Materials enhances UMC’s position as a leading solution provider to the evolving high-tech industry.”
PMI supplies specialized and hard-to-find raw materials to electronic component manufacturers. PMI founder Steve Pred noted that his company was chosen to supply the cathode powder used in NASA’s Mars rover and lander vehicles.