Friday, February 22, 2019

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

BWW News Desk
February 04, 2019

Kyocera Corporation TOKYO6971 today announced that its Germanybased European headquarters Kyocera Fineceramics GmbH has concluded an agreement with HC Starck GmbH to acquire 100 of the shares of its subsidiary HC Starck Ceramics GmbH a European advanced ceramics manufacturing and sales company based in Selb Germany HC Starck Ceramics will join Kyocera Group and begin operations in spring 2019 subject to regulatory approvalsup1sup p p bAcquisition Background and Objectivesb p p 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 p p In recent years while Kyocera has been making investments to increase production capacity of fine ceramic components in Japan and the US the company currently does not have facilities to manufacture fine ceramic components in Europe By using manufacturing assets gained in the HC 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 p p HC Starck Ceramics was founded in 1985 as Hutschenreuther Technische Keramik and became part of the HC Starck Group in 2001 HC Starck Ceramics possesses reaction bonded silicon carbide RBSiCsup2sup 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 cuttingedge technologies such as Artificial Intelligence AI p p Through the acquisition of HC 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 p div classbwreleasetabletable cellspacing0 classbwtablemarginb tr td colspan3 td tr tr td classbwpadl0 bwvertalignt bwalignl colspan3 p classbwcellpmargin bOverview of HC Starck Cermics GmbHb p td tr tr td classbwsinglebottom colspan3 td tr tr td classbwpadl0 bwvertalignm bwalignl bwsinglebottom Company name td td td td classbwpadl0 bwvertalignm bwalignl bwsinglebottom HC Starck Ceramics GmbH td tr tr td classbwpadl0 bwvertalignm bwalignl bwsinglebottom CEO td td td td classbwpadl0 bwvertalignm bwalignl bwsinglebottom DrIng Carsten Russner td tr tr td classbwpadl0 bwvertalignm bwalignl bwsinglebottom Established td td td td classbwpadl0 bwnowrap bwpadr0 bwvertalignb bwalignl bwsinglebottom 1985 td tr tr td classbwpadl0 bwvertalignm bwalignl bwsinglebottom Location td td td td classbwpadl0 bwvertalignm bwalignl bwsinglebottom Selb Bayern Germany td tr tr td classbwpadl0 bwvertalignm bwalignl bwsinglebottom Business summary td td td td classbwpadl0 bwvertalignm bwalignl bwsinglebottom Manufacturing and sales of advanced ceramic components td tr tr td classbwpadl0 bwvertalignm bwalignl bwsinglebottom Employees td td classbwsinglebottom td td classbwpadl0 bwvertalignm bwalignl bwsinglebottom 213 as of January 31 2019 td tr table

SOURCE: BUSINESS WIRE. ©2015 Business Wire

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