M&A Deal Summary

Sumitomo Chemical Acquires Cambridge Display Technology

On July 31, 2007, Sumitomo Chemical acquired technology hardware company Cambridge Display Technology for 285M USD

Acquisition Highlights
  • This is Sumitomo Chemical’s 1st transaction in the Technology Hardware sector.
  • This is Sumitomo Chemical’s largest (disclosed) transaction.
  • This is Sumitomo Chemical’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2007-07-31
Target Cambridge Display Technology
Sector Technology Hardware
Buyer(s) Sumitomo Chemical
Deal Type Add-on Acquisition
Deal Value 285M USD

Target

Cambridge Display Technology

Cambourne, United Kingdom
Cambridge Display Technology, Inc. is a pioneer in the development of polymer organic light emitting diode (P-OLED) displays. Organic light emitting diode (OLED) displays exhibit fine resolution and high visibility, and because they are self-luminescent, are highly responsive and yield outstanding video images, and with their low electrical consumption, also offer environmentally friendly performance.

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Buyer(S) 1

Buyer

Sumitomo Chemical

Tokyo, Japan
Category Company
Founded 1913
Sector Chemicals
Employees32,161
Revenue 2.45T JPY (2024)
DESCRIPTION

Sumitomo Chemical is a manufacturer of fertilizers from sulfur dioxide emitted from smelting operations at the Besshi copper mine. Company engages in Petrochemicals & Plastics Sector, Energy & Functional Materials Sector, IT-related Chemicals Sector, Health & Crop Sciences Sector, Pharmaceutical Sector and Others. Sumitomo Chemical was founded in 1913 and is based in Tokyo, Japan.

DEAL STATS #
Overall 4 of 15
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 2 of 5
Country (United Kingdom) 2 of 2
Year (2007) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-10 Interfarm

Doddington, United Kingdom

Interfarm (UK) Ltd. engages in the development and distribution of crop protection products in the UK and Ireland. The UK crop protection market is the fourth largest in Europe, focusing on cereals, potatoes, and rapeseed as its main crops.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-10 Interplex QLP

Woburn, Massachusetts, United States

Interplex QLP, Inc. is a electronic packaging and polymer science company. QLP's revolutionary material technology, QuantechTM can be used to provide a lower cost and very reliable air-cavity packaging solution compared to ceramic based packages for the semiconductor packaging industry in applications such as high power RF-Microwave assemblies, image sensors, HB-LEDs, MEMs, and optical electronic systems.

Sell -
Mergr

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