# Chilisin to acquire 100% of Mag Layers in share swap

Chilisin Electronics, an inductor maker under Yageo Group, will acquire 100% of Mag Layers through a share swap. Mag Layers will become a wholly owned subsidiary of Chilisin, with the share swap effective July 1, 2018.

- Type: Acquisition
- Announced: 2018-01-03
- Where: TWN
- Status: announced
- Products: inductors, molding choke
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Chilisin Electronics Corp.](https://endata.com/companies/21634.md) (acquirer)
- [Mag Layers](https://endata.com/companies/29136.md) (target)

## Sources

- [ec.ltn.com.tw](https://ec.ltn.com.tw/article/breakingnews/2301274), 2018-01-03: "奇力新表示，與美磊今天分別召開董事會，決議由奇力新以發行新股的股份轉換方式，取得美磊100%股權"

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