M&A Deal Summary

KEMET Acquires NEC TOKIN

On February 23, 2017, KEMET acquired electrical equipment company NEC TOKIN from NEC for 53M USD

Acquisition Highlights
  • This is KEMET’s 1st transaction in the Electrical Equipment sector.
  • This is KEMET’s 2nd largest (disclosed) transaction.
  • This is KEMET’s 1st transaction in Japan.

M&A Deal Summary
Date 2017-02-23
Target NEC TOKIN
Sector Electrical Equipment
Buyer(s) KEMET
Sellers(s) NEC
Deal Type Divestiture
Deal Value 53M USD
Advisor(s) Nomura Holdings, Inc. (Financial)

Target

NEC TOKIN

Sendai-shi, Japan
website
NEC TOKIN Corp. is a manufacturer of electronic components in Japan.

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Buyer(S) 1

Buyer

KEMET

Simpsonville, South Carolina, United States

website

Category Company
Founded 1919
Sector Electrical Equipment
Employees14,950
Revenue 1.4B USD (2019)
DESCRIPTION
Entrance to KEMET's corporate headquarters in Simpsonville, South Carolina.
Entrance to KEMET's corporate headquarters in Simpsonville, South Carolina.

KEMET is a global manufacturer of a wide variety of capacitors. KEMET's product offerings include tantalum, multilayer ceramic, solid and electrolytic aluminum, and film capacitors. The Company's product line consists of nearly 5 million distinct part configurations distinguished by various attributes, such as dielectric (or insulating) material, configuration, encapsulation, capacitance (at various tolerances), voltage, performance characteristics, and packaging. KEMET was formed in 1919 and is based in Simpsonville, Georgia.

DEAL STATS #
Overall 6 of 6
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 2 of 2
Country (Japan) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 IntelliData

Greenwood Village, Colorado, United States

IntelliData, Inc. is a developer of digital solutions supporting discovery, decision support, and the sales and marketing of electronic components.

Buy -

Seller(S) 1

SELLER

NEC

Tokyo, Japan

website

Category Company
Founded 1899
Sector Technology Hardware
Employees114,714
Revenue 3,014.1B JPY (2022)
DESCRIPTION
NEC's office in Santa Clara, California.
NEC's office in Santa Clara, California.

NEC is a global provider of IT hardware and solutions. The Company also offers systems integration services, such as systems implementation and consulting services. NEC was founded in 1899 and is based in Tokyo, Japan.

DEAL STATS #
Overall 4 of 7
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 3 of 6
Country (Japan) 4 of 7
Year (2017) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-19 Arcon Managed Security Services

Rio de Janeiro, Brazil

Arcon is a company specialized in cybersecurity with a focus on Managed Security Services. Arcon has successfully promoted business through Cyber Security consulting and managed security services, while building a portfolio of leading customers that spans the energy, finance, telecommunications and manufacturing fields, in addition to government agencies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-09 Northgate Public Services

Hemel Hempstead, United Kingdom

Northgate Public Services Ltd. is a provider of mission-critical software and Intellectual Property-led services to the public sector in the UK, Australia and Canada. The Group is headquartered in the UK and has more than 2,000 staff worldwide.

Buy £475M
Mergr

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