# Park Electrochemical to sell Electronics Business to AGC for $145M

Park Electrochemical Corp. has entered into a definitive agreement to sell its Electronics Business to AGC Inc. for $145 million in cash. The transaction is expected to close in Park's third fiscal quarter ending November 25, 2018.

- Type: Acquisition
- Announced: 2018-07-25
- Value: $145.0M
- Status: announced
- Products: high-technology digital and RF/microwave printed circuit materials
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [AGC](https://endata.com/companies/20063.md) (acquirer)
- [Park Electrochemical](https://endata.com/companies/33347.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/07/26/1542343/0/en/park-electrochemical-announces-agreement-to-sell-its-electronics-business-to-agc-inc.html), 2018-07-26: "Park Electrochemical Corp. announced that it has entered into a definitive agreement to sell its iconic Electronics Business to AGC Inc. for USD $145 million in cash."
- [globenewswire.com](https://www.globenewswire.com/news-release/2018/07/26/1542343/0/en/Park-Electrochemical-Announces-Agreement-to-Sell-Its-Electronics-Business-to-AGC-Inc.html), 2018-07-26: "Park Electrochemical Corp. announced that it has entered into a definitive agreement to sell its iconic Electronics Business to AGC Inc. for USD $145 million in cash."

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