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Kemet’s controlling stake in NEC Tokin approved

By  |  July 12, 2012

The European Commission has approved Kemet’s proposed acquisition of a controlling stake in NEC Tokin. U.S. company Kemet manufactures capacitors; Japan-based NEC Tokin produces electronic devices and components. NEC Corporation and Kemet will have joint control over NEC Tokin.

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    The Commission investigated the transaction’s potential effects in the EU market for the supply of tantalum and solid aluminum capacitators. It found that the acquisition would lead to only a limited increase in market share and that sufficient competitors remained in the market. These determinations allayed the Commission’s concerns with the vertical links created by the deal.

    Full content: EC Press Release

     

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