INDEX / DIRECTORY / ASM INTERNATIONAL / ECONOMIC

ASM International ECONOMIC

ECONOMIC AUDIT UPDATED 2026-09-07
Economic Score 5.10 /10 C ASM International - BDS-1000 438
Economic 5.10

Evidence-only forensic audit. Scoring happens downstream - see the main dossier for the composite assessment.

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Supply Chain & Sourcing Relationships

No public evidence identified.

The reviewed corporate materials describe ASM as a semiconductor wafer-processing equipment and process-solutions group, rather than a retail or consumer-goods supply-chain business 1.

No public evidence identified of ASM purchasing agricultural or consumer goods from Israeli exporters, using an Israeli importer-of-record, conducting seasonal Israeli procurement, or operating Israeli white-label or distributor sourcing arrangements 1.

ASM’s current affiliate list names “ASM Services Israel,” but does not disclose its suppliers, procurement role, customer base, revenue, workforce, or ownership percentage 2.

Product Origin, Labeling & Regulatory Compliance

ASM states that its subsidiaries design and manufacture wafer-processing semiconductor equipment and process solutions 1.

No public evidence identified of settlement-origin product sales, customs or origin-labeling enforcement actions, or a published ASM policy addressing sourcing or labeling goods from occupied territories 1, 2.

The reviewed materials do not identify an Israeli manufacturing facility, Israeli product line, Israeli R&D centre, or country-specific Israeli product-origin disclosure 1, 2.

Investment, Capital & Financial Exposure

ASM’s 2025 annual report presents the group as a single reportable segment and does not provide Israel-specific investment, revenue, employee, facility, or market disclosures 1.

The verified Israeli footprint in the reviewed sources is a named service/support affiliate, rather than a disclosed Israeli acquisition, factory, data centre, logistics hub, R&D centre, or real-estate investment 2, 3.

No public evidence identified of investments by ASM International in Israeli sovereign debt, Israel Bonds, Israel-focused funds, or separately disclosed holdings in Israeli-domiciled companies 1.

At 31 December 2025, ASM reported an international and diversified shareholder base, with approximately 80% of shares institutionally held and reported holders above 3% including BlackRock, FMR, Norges Bank, Tokyo Electron, and WCM Investment Management 1.

ASM reported no shareholder at or above 10% at 31 December 2025 1.

A 2006 Schedule 13D reported Arthur H. del Prado’s beneficial ownership of 21.9% of ASM common shares, but that filing is historical and does not establish current ownership 4, 1.

Operational Presence & Market Activity

ASM International N.V. is headquartered in Almere, Netherlands, and its subsidiaries conduct manufacturing, service, and sales activities across Asia, Europe, and the United States 1.

ASM’s current affiliate list includes “ASM Services Israel” 2.

ASM’s ethics reporting page includes an Israel-specific reporting telephone number, placing Israel within the geographic scope of the group’s speak-up arrangements without identifying an office or facility 5.

ASM’s 2021 annual report identified ASM Services & Support Israel Ltd. as a regional sales/service office 6.

ASM’s 2014 SEC filing listed ASM Services and Support Israel Ltd. in Tel Aviv as a 100%-owned subsidiary, while the current ownership percentage and office status remain unconfirmed in the reviewed materials 7.

ASM’s 2007 annual report historically listed ASM Service and Support Israel Ltd. in Kiryat Malachi, but this does not establish that the address or relationship remains current 3.

No public evidence identified of current Israeli employee numbers, revenue, tax payments, customers, installed equipment base, exact service activities, manufacturing, or R&D operations 1, 2.

No public evidence identified in the reviewed targeted materials of contracts with the IDF, Israeli Ministry of Defense, settlement municipalities, or operations in the West Bank, East Jerusalem, or Golan Heights 8, 9, 10.

The supplied document-scoped screening found no mention of ASM International in the reviewed UN settlement-related materials and specified civil-society reports, but this does not establish database-wide or group-wide absence 8, 9, 10.

Corporate Structure & Foundational Ties

ASM International N.V. describes itself as the Dutch-law holding company and parent of the ASM group, listed on Euronext Amsterdam 11.

ASM’s contact materials identify its registered and headquarters address as Versterkerstraat 8, 1322 AP Almere, Netherlands, and provide Dutch VAT and trade-register numbers 12.

A historical SEC filing states that ASM International N.V. was incorporated on 4 March 1968 as a Dutch limited-liability company and was previously named Advanced Semiconductor Materials International N.V. 7.

ASM identifies Arthur del Prado as its founder, while its 2025 annual report identifies Hichem M’Saad as current CEO and Chuck del Prado as former CEO through 2020 1.

ASM states that it uses a two-tier governance structure comprising a Management Board, Executive Committee, and independent Supervisory Board 11.

The current Management Board comprises Hichem M’Saad and Paul Verhagen, and the current Supervisory Board comprises Pauline van der Meer Mohr, Marc de Jong, Didier Lamouche, Tania Micki, and Adalio Sanchez 13, 14.

ASM’s published biographies identify M’Saad and Verhagen as non-executive directors of ASMPT Ltd., which does not itself establish Israeli ownership or operations 15.

ASM describes Stichting Continuïteit ASM International as a Dutch-law continuity foundation with an option to acquire preferred shares up to 50% of the nominal value of outstanding common shares, while reporting that no preferred or financing-preferred shares were issued at 31 December 2025 1.

No public evidence identified of Israeli state ownership, government board appointments, golden shares, critical-infrastructure designation, Israeli tax residency, Preferred Technology Enterprise status, or an Israeli-founded corporate identity 1, 7, 11.

Profit Repatriation & Economic Contribution

The reviewed public materials do not disclose Israeli revenue, profits, taxes, dividends, intercompany payments, repatriation flows, workforce, or local economic contribution 1, 2.

ASM’s 2025 report does not provide a country-level characterization of the Israeli market or quantify the Israeli affiliate’s financial contribution to the group 1.

The historical Israeli entity evidence supports a sales/service presence, but does not establish an acquisition date, purchase price, manufacturing output, workforce, revenue, or local tax contribution 3, 6, 7.

No public evidence identified of a disclosed Israeli acquisition, Israeli consumer-brand ownership, Israeli infrastructure investment, or separately reported profit-repatriation arrangement 1, 6, 7.

Footnotes

  1. https://www.asm.com/media/3skhiimk/asm-2025-annual-report.pdf ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11 ↩12 ↩13 ↩14 ↩15 ↩16 ↩17 ↩18

  2. https://www.asm.com/special-pages/affiliate-list ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7

  3. https://media.corporate-ir.net/media_files/irol/11/116369/ASM_AR_2007HR.pdf ↩ ↩2 ↩3

  4. https://www.sec.gov/Archives/edgar/data/351483/000119312506103645/dsc13d.htm ↩

  5. https://www.asm.com/sustainability/ethics ↩

  6. https://www.asm.com/media/4w0bbulf/2021_asmi_annual_report.pdf ↩ ↩2 ↩3

  7. https://www.sec.gov/Archives/edgar/data/351483/000035148315000007/asmi-2014x1231x20f.htm ↩ ↩2 ↩3 ↩4 ↩5

  8. https://docs.un.org/A/HRC/59/23 ↩ ↩2

  9. https://www.ohchr.org/sites/default/files/documents/hrbodies/hrcouncil/sessions-regular/session53/advance-versions/a-hrc-53-24-aev.pdf ↩ ↩2

  10. https://www.ohchr.org/en/press-releases/2025/09/un-human-rights-office-updates-database-businesses-involved-israeli ↩ ↩2

  11. https://www.asm.com/investors/corporate-governance-principles ↩ ↩2 ↩3

  12. https://www.asm.com/contact-us ↩

  13. https://www.asm.com/investors/corporate-governance-principles/management-and-supervision ↩

  14. https://www.asm.com/press-releases/3292180 ↩

  15. https://www.asm.com/investors/corporate-governance-principles/management-and-supervision/management-board-biography ↩