# Polytronics to acquire Henkel's TCLAD business for $26M

Polytronics (聚鼎) announced it will acquire Henkel's TCLAD (metal substrate and circuit board) business for $26 million through its subsidiary Juye (聚燁). The acquisition is expected to close in Q4 2020 or Q1 2021.

- Type: Acquisition
- Announced: 2020-08-18
- Where: United States
- Value: $26.0M
- Status: announced
- Products: metal散热基板 (thermal substrates), 线路板 (circuit boards)
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Henkel](https://endata.com/companies/667.md) (target)
- [Polytronics](https://endata.com/companies/49198.md) (acquirer)

## Sources

- [news.cnyes.com](https://news.cnyes.com/news/id/4516957), 2020-08-18: "聚鼎 7 月初宣布，以 2600 萬美元、約新台幣 7.66 億元，透過聚燁科技，收購德商漢高集團 (Henkel) 美國子公司旗下金屬散熱基板與線路板事業部門 (TCLAD)。"

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