SACHEM Agrees to Sell Asia Business Operations to Nagase Corporation

Transaction Promises to Create New Value Creation Opportunities and Focus

AUSTIN, TEXAS – March 18, 2025 – SACHEM, Inc., a premier supplier of high-purity, precision-based chemistries, has agreed to sell its Asia business operations to NAGASE & CO., LTD. in Tokyo, Japan. The pending sale strengthens Nagase’s ability to serve Asia-based customers and allows SACHEM to focus on building its business in specific sectors. Financial details of the sale were not disclosed. Closing of the transaction and a carefully choreographed handover of operations and assets is expected to take up to nine months.

“Nagase’s strong presence in Asia complements SACHEM’s established presence in other sectors,” said Rosemary Hoffman, SACHEM CEO. “By transferring ownership of our Asia operations to Nagase, we acknowledge the immense potential for both companies to expand their offerings and deliver enhanced value to customers.”

SACHEM and Nagase have worked together for 15 years via a joint venture called SN Tech, a pioneering effort to collect and recycle TMAH waste solutions to the TFT/FPD markets. The partnership recently made investments to meet the evolving needs of the Integrated Circuit market. SN Tech, along with SACHEM’s assets in Osaka and Wuxi, sales offices in Taiwan and Shanghai, and SN Tech, a joint venture with Nagase, will convey to Nagase as part of the transaction.

John Mooney, Chairman of the Board of SACHEM, said “Nagase has been more than a product partner. They share our commitment to health, safety, security, ethics, and the environment so the philosophical fit between our two companies made this a natural next step in our relationship.”

This transaction aligns with SACHEM’s long-term vision and technological aspirations, ensuring it remains at the forefront of the industry while delivering exceptional value to its customers.

ABOUT SACHEM, Inc.

Founded in 1950, SACHEM has established itself over the past 75 years as a premier supplier of high-purity, precision-based chemistries in the electronics, structured materials, and specialty markets. This partnership is poised to bring significant benefits to customers and the markets we serve.

MEDIA CONTACT

Jeff Hahn representing SACHEM

512-626-4971

jeff.hahn@hahn.agency