AVX Corporation (NYSE:AVX) announced that it has already finalized and completed its acquisition of the Tantalum division of Nichicon Corporation for $86 million.
As quoted in the press release:
The all-cash purchase comprises Nichicon’s tantalum component manufacturing subsidiaries located in Shiga, Japan and Tianjin, China. The annual component sales of the Division approximate $75 million.
|There is no guide to critical metals investing that is more concise, clear and authoritative. Download this FREE Special Report, Investing in Today’s Critical Metals – Context for Lynas News and Molycorp News.|