Kyocera Corporation (TOKYO:6971) today announced that its Germany-based
European headquarters, Kyocera Fineceramics GmbH will acquire the
advanced ceramics business operations of Friatec GmbH (“Friatec”), a
manufacturer and seller of ceramic and plastic components based in
Mannheim, Germany through a newly established subsidiary. Friatec has
over 150 years of experience in ceramics innovation dating back to its
founding in 1863.
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Headquarters of Friatec GmbH in Mannheim (Photo: Business Wire)
The operations will be transferred to the subsidiary Kyocera
Fineceramics Solutions GmbH in autumn 2019*.
Acquisition Background and Objectives
Since its founding in 1959, Kyocera has provided advanced ceramic
components for a wide range of markets, including industrial machinery,
information devices, medical devices, and environmental preservation /
renewable energy equipment. The company has supported various industries
by utilizing technologies cultivated through its research, development,
and production of fine ceramics.
In April 2019, Kyocera acquired H.C.
Starck Ceramics GmbH (now: Kyocera Fineceramics Precision GmbH), a
Germany-based company specializing in non-oxide fine ceramic components.
The acquisition gave Kyocera its first fine ceramic manufacturing
facility in Europe, strategically positioning the company to meet rising
demand for fine ceramic components used in industrial machinery.
By subsequently acquiring Friatec’s ceramic business, including its main
lineup of oxide and metallized ceramic components and a European
manufacturing facility capable of producing these products, Kyocera will
be able to offer customers comprehensive service through local
production and sales. Kyocera also aims to further expand its fine
ceramic business by strengthening its capabilities for developing and
supplying prototypes with short delivery times.
Overview of Friatec GmbH
|Company name||Friatec GmbH|
Chairman: Fausto Bejarano
|Location||Mannheim, Baden-Württemberg, Germany|
|Employees involved in business to be succeeded||301 (as of March 31, 2019)|
* Closing of the acquisition is subject to completion of regulatory
filings and obtainment of approvals from administrative authorities,
which are necessary under anti-trust and investment related regulations
etc. in relevant countries.
Corporation (TOKYO:6971) (https://global.kyocera.com/),
the parent and global headquarters of the Kyocera Group, was founded in
1959 as a producer of fine
ceramics (also known as “advanced ceramics”). By combining these
engineered materials with metals and integrating them with other
technologies, Kyocera has become a leading supplier of semiconductor
packages, industrial and automotive components, electronic devices,
solar power generating systems, printers, copiers and mobile phones.
During the year ended March 31, 2019, the company’s consolidated net
sales totaled 1.62 trillion yen (approx. USD14.6 billion). Kyocera
appears on the “Derwent Top 100 Global Innovators 2018-19” list by
Clarivate Analytics and is ranked #655 on Forbes magazine’s 2019 “Global
2000” list of the world’s largest publicly traded companies.