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AVX Corporation Announces a Definitive Agreement to Acquire KUMATEC

5.4.2018

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25.5.2022
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    Impact of Ripple Current on Aluminum Electrolytic Capacitors Lifetime

    A set of printed sample cubes showcasing the effects of laser power and print speed on the magnetic core structures. Image source: Tallinn University of Technology

    Researchers 3D Printed Superior Soft Magnetic Cores with Laser Additive Process

    TDK Introduces Improved Performance PFC Capacitors

    Yageo Venture to Acquire 30% of APEC and Step Into Semiconductor MOSFET Business

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    Impact of Ripple Current on Aluminum Electrolytic Capacitors Lifetime

    A set of printed sample cubes showcasing the effects of laser power and print speed on the magnetic core structures. Image source: Tallinn University of Technology

    Researchers 3D Printed Superior Soft Magnetic Cores with Laser Additive Process

    TDK Introduces Improved Performance PFC Capacitors

    Yageo Venture to Acquire 30% of APEC and Step Into Semiconductor MOSFET Business

    Vishay NTC Thermistor LTspice Simulation for PID Optimization; Vishay Webinar

    Stackpole Presents High Current Metal Shunt Resistors

    Coilcraft Introduced Ultra-Low Loss Shielded Power Inductors

    Panasonic Releases SMD Automotive Power Choke Coil

    GAM Introduces Tantalum and Niobium Powders for Cold Spray Applications

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    Coverlay – More than a Flexible Soldermask Substitute; WE Webinar

    Soldering THT Components by SMD Reflow Assembly; WE Webinar

    Strain Gage Resistive Sensor Simulation; Vishay Video

    EMC Filters Explained – from Component to Design; WE Webinar

    How to Avoid EMI Noise on Data Cable by Isolated Power Module; WE askLorandt Video

    Introduction to Wireless Power Transfer; WE Webinar

    How to Pass Conducted Emissions Using Line Filters; WE Webinar

    EMI Debugging of a Low Power Buck Converter; WE Webinar

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AVX Corporation Announces a Definitive Agreement to Acquire KUMATEC

5.4.2018
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Source: AVX news

FOUNTAIN INN, S.C. – April 4, 2018 — AVX Corporation (NYSE: AVX) today announced that its subsidiary, AVX Interconnect Europe GmbH (“AVX Interconnect”), a limited liability company under German law, has signed a definitive agreement to acquire KUMATEC Sondermaschinenbau & Kunststoffverarbeitung GmbH (“KUMATEC”), a limited liability company under German law. KUMATEC develops, constructs and manufactures automation equipment and processes plastic components.

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Included in the purchase is KUMATEC’s 50% interest in KUMATEC Hydrogen GmbH Co. KG (“KUMATEC Hydrogen”), a limited liability partnership under German law, which was recently spun out of KUMATEC.

The purpose of the partnership is the development, marketing and supply of hydrogen fuel generation and delivery solutions and other related services. After closing, the partnership will be renamed AVX/KUMATEC Hydrogen GmbH Co. KG.

John Sarvis, President and Chief Executive Officer of AVX Corporation, stated, “The acquisition of KUMATEC and our joint venture in the hydrogen business is an exciting opportunity for AVX which will provide us additional manufacturing capabilities and new business opportunities.”

In accordance with the share purchase and transfer agreement, AVX will acquire all of KUMATEC shares for a consideration of EUR 12.5 million. The transaction is subject to regulatory approvals and other conditions that are customary for transactions of this type, and is expected to close at the end of April, 2018.

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