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AVX Completes Acquisition of Nichicon Corp Tantalum Unit
Feb. 08, 2013 07:26PM PST
Tantalum InvestingAVX Corporation (NYSE:AVX) announced that it has already finalized and completed its acquisition of the Tantalum division of Nichicon Corporation for $86 million.
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.
Click here to read the full AVX Corporation (NYSE:AVX) press release.