# Mitsubishi Materials acquires Luvata's Special Products division

Mitsubishi Materials Corporation completed the acquisition of Luvata's Special Products division from funds managed by Nordic Capital. The transaction closed on May 2, 2017, and aims to accelerate MMC's global copper-processing business expansion.

- Type: Acquisition
- Announced: 2017-05-22
- Status: completed
- Products: copper products, aluminum products, cemented carbide tools, electronic materials
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nordic Capital](https://endata.com/companies/623.md) (investor)
- [Mitsubishi Materials](https://endata.com/companies/8627.md) (acquirer)
- [Luvata](https://endata.com/companies/21456.md) (target)

## Sources

- [castren.fi](https://www.castren.fi/cases/mitsubishi-materials-corporation-acquisition-of-luvata/), 2017-05-22: "The agreement was concluded on the shared belief that the acquisition, along with synergies in business platforms and customer bases, will accelerate the global expansion of Mitsubishi Materials Corporation’s copper-processing business."

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