GREENVILLE, SC – KEMET Corporation has announced that the Company is in advanced discussions with EPCOS AG with respect to acquiring the Tantalum Capacitor Business Unit of EPCOS. With KEMET’s strong overall position in the tantalum capacitor market, this acquisition would further strengthen the company’s ability to compete on a global basis. It would provide KEMET with increased access to certain key markets, including automotive and telecom, and would enhance the company’s global manufacturing footprint. The combined manufacturing expertise of the two companies would result in an enhanced tantalum manufacturing platform incorporating the best elements from each. KEMET would then be better positioned to meet the increasing demands of the growing tantalum polymer capacitor market. The potential transaction is subject to completion of definitive documentation, as well as completion of customary due diligence. KEMET anticipates that the final purchase agreement will be subject to customary closing conditions, including the receipt of all required regulatory approvals. If final terms are reached, KEMET would expect the transaction to be completed in the early part of 2006.
Additional Resources: (1) Tantalum Capacitors: World Markets, Technologies & Opportunities: 2010-2015 ISBN # 1-893211-11-8 (© April 2010) (2) TANTALUM: Global Market Outlook: 2008-2013 ISBN # 0-929717-81-3 (2008)