# KEMET completes acquisition of NEC TOKIN

KEMET Corporation completed the acquisition of NEC TOKIN Corporation for JPY 16.2 billion (approximately $149.2 million). NEC TOKIN has been renamed TOKIN Corporation.

- Type: Acquisition
- Announced: 2017-04-19
- Where: Greenville, South Carolina, United States
- Value: $149.2M
- Status: completed
- Products: passive electronic components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [NEC](https://endata.com/companies/17906.md) (partner)
- [KEMET Corporation](https://endata.com/companies/22429.md) (acquirer)
- [NEC TOKIN Corporation](https://endata.com/companies/22430.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/04/19/962121/0/en/KEMET-Completes-Acquisition-of-NEC-TOKIN.html), 2017-04-19: "We look forward to shaping our future together with TOKIN."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.