13:20 uur 01-11-2016

Murata: aankondiging overname van Primatec Inc.

KYOTO, Japan — (BUSINESS WIRE)– Murata Manufacturing Co., Ltd. (TOKYO:6981) (ISIN:JP3914400001) & Primatec Inc.:

Murata Manufacturing Co., Ltd. en Primatec Inc. hebben vandaag bekendgemaakt dat Murata alle aandelen van Primatec heeft gekocht. Als gevolg van deze transactie is Primatec per 1 november 2016 een volledige dochteronderneming van Murata.

Primatec legt zich toe op de ontwikkeling, productie en verkoop van verschillende producten met een basis van zeer geavanceerde polymeren, zoals LCP (liquid crystal polymer, vloeibaar-kristalpolymeer) voor elektronica. De materialen van Primatec worden goed ontvangen voor verwerking in hoogwaardige printplaten in de energiesector en beeldschermenindustrie. De vraag naar Primatecs producten blijft naar verwachting groeien in de elektronica en elektronicaonderdelen,omdat kleine en dunne producten erg populair zijn.

 

Murata: Notice of Acquisition of Primatec Inc.

 

KYOTO, Japan–(BUSINESS WIRE)– Murata Manufacturing Co., Ltd. (TOKYO:6981) (ISIN:JP3914400001) & Primatec Inc.:

Murata Manufacturing Co., Ltd. (“Murata”) and Primatec Inc. (“Primatec”) announced today that Murata has acquired all the shares of Primatec and that following this transaction, Primatec has become a wholly owned subsidiary of Murata as of November 1, 2016.

Primatec is dedicated to developing, manufacturing, and selling various products founded upon highly functional polymer products such as LCP (liquid crystal polymer) electronic materials. Primatec’s materials have been well received for use in high-performance circuit boards in the energy and display sectors, and demand for their products is estimated to further increase in the electronics and electronic component sectors in which miniaturized and thin products are increasingly in demand.
Murata will utilize the materials technology of Primatec to expand sales of MetroCirc™ (a multilayered resin substrate) used in smartphones, etc., and additionally develop new advanced products that lead the global market in new applications for IoT devices and data centers. This acquisition is part of Murata’s strategy to continue to strengthen and expand its businesses in all Electronic markets.

About Primatec Inc.
Company name: Primatec Inc.
Location: 3F, Setagaya Business Square Tower, 10-1, Yoga 4-chome, Setagaya, Tokyo 158-0097
Business description: Development, manufacture and sales of LCP electronic materials
Capital: 3,500 million yen (as of March 31, 2016)
Date of establishment: February 1, 2010
Number of employees: 48 (as of March 31, 2016)

Corporate overview of Murata Manufacturing Co., Ltd.
Company name: Murata Manufacturing Co., Ltd.
Location: 10-1, Higashikotari 1-chome, Nagaokakyo-shi, Kyoto 617-8555
Business description: Manufacture and sale of ceramic-based passive electronic components and solutions, communication modules, power supply modules, and other.
Capital: 69,377 million yen (as of March 31, 2016)
Date of establishment: December 23, 1950 (established in October 1944)
Number of employees: 54,674 (consolidated, as of March 31, 2016)

About MetroCirc™
MetroCirc™ is a new multilayered resin substrate conceived by combining Murata’s multilayered laminating and design technologies, with Primatec’s unique LCP film, allowing for outstanding high-frequency properties, as well as thin and flexible circuit designs.

Contacts

Media Contact
Murata Manufacturing Co., Ltd.
Taku Makino, +81-75-955-6786
Corporate Communications Office
prsec_mmc@murata.com
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