AP NEWS

KYOCERA to Acquire 100% Ownership of H.C. Starck Ceramics GmbH, a Germany-based Manufacturer of Advanced Ceramics

February 4, 2019
Headquarters building of H.C. Starck Ceramics GmbH (Photo: Business Wire)

KYOTO, Japan--(BUSINESS WIRE)--Feb 4, 2019--Kyocera Corporation (TOKYO:6971) today announced that its Germany-based European headquarters, Kyocera Fineceramics GmbH has concluded an agreement with H.C. Starck GmbH to acquire 100% of the shares of its subsidiary H.C. Starck Ceramics GmbH, a European advanced ceramics manufacturing and sales company based in Selb, Germany. H.C. Starck Ceramics will join Kyocera Group and begin operations in spring 2019, subject to regulatory approval* 1.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190203005053/en/

Headquarters building of H.C. Starck Ceramics GmbH (Photo: Business Wire)

Acquisition Background and Objectives

Since its establishment in 1959, Kyocera has provided components for a wide range of markets including industrial equipment, communications devices, medical devices, and renewable energy equipment, and has supported the development of numerous other industries by utilizing technology cultivated over many years of research, development, and manufacturing of fine ceramics.

In recent years, while Kyocera has been making investments to increase production capacity of fine ceramic components in Japan and the U.S., the company currently does not have facilities to manufacture fine ceramic components in Europe. By using manufacturing assets gained in the H.C. Starck Ceramics acquisition, Kyocera will be able to respond quickly to clients in Europe, satisfying growing market demand for fine ceramic components used in industrial machinery.

H.C. Starck Ceramics was founded in 1985 as “Hutschenreuther Technische Keramik” and became part of the H.C. Starck Group in 2001. H.C. Starck Ceramics possesses reaction bonded silicon carbide (RBSiC* 2 ) processing technology – a new technology for Kyocera – which enables production of high rigidity, large complex shaped materials. The newly acquired company also brings highly efficient production equipment using cutting-edge technologies such as Artificial Intelligence (AI).

Through the acquisition of H.C. Starck Ceramics, which brings with it fine ceramic manufacturing assets in Europe, production lineup, and innovative technologies, Kyocera aims to further expand its fine ceramic business globally.

Kyocera 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, 2018, the company’s consolidated net sales totaled 1.58 trillion yen (approx. US$14.9 billion). Kyocera appears on the “Top 100 Global Innovators” list by Clarivate Analytics and is ranked #612 on Forbes magazine’s 2018 “Global 2000” list of the world’s largest publicly traded companies.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190203005053/en/

CONTACT: KYOCERA Corporation (Japan)

Corporate Communications

Natsuki Doi, +81-(0)75-604-3416

webmaster.pressgl@kyocera.jp

Fax: +81-(0)75-604-3516

KEYWORD: EUROPE ASIA PACIFIC GERMANY JAPAN

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE OTHER TECHNOLOGY SEMICONDUCTOR MANUFACTURING CHEMICALS/PLASTICS ENGINEERING OTHER MANUFACTURING

SOURCE: KYOCERA Corporation

Copyright Business Wire 2019.

PUB: 02/04/2019 01:07 AM/DISC: 02/04/2019 01:07 AM

http://www.businesswire.com/news/home/20190203005053/en

AP RADIO
Update hourly