A supplier of vacuum pumps used by manufacturers of semiconductors, solar panels and flat-screen televisions, Edwards shelved plans for an initial public offering in April after investors baulked at the £1 billion-plus valuation. The private-equity owners, CCMP Capital and Unitas Capital, acquired the Crawley firm in 2007 for £461m. Before that, the business, founded in 1919, was part of the industrial gas supplier BOC. Under chief executive Matthew Taylor, the company’s turnover climbed to £641m in 2010, of which about 60% was generated in the Asia-Pacific region. Edwards, which has about 2,800 staff working in more than 60 countries, also supplied technology for use in the Large Hadron Collider of the Geneva- based European Organisation for Nuclear Research (CERN).
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