# onsemi divests South Portland fab to Diodes and closes sale of Belgium fab to BelGaN

onsemi signed a definitive agreement to sell its wafer fabrication facility in South Portland, Maine to Diodes Incorporated, and closed the sale of its Oudenaarde, Belgium fab to BelGaN Group BV, as part of its fab-liter manufacturing strategy.

- Type: Acquisition
- Announced: 2022-02-28
- Where: South Portland, Maine, United States
- Status: announced
- Products: wafer fabrication
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [onsemi](https://endata.com/companies/15223.md)
- [Diodes Incorporated](https://endata.com/companies/37091.md) (acquirer)
- [BelGaN Group](https://endata.com/companies/61130.md) (acquirer)

## Sources

- [stocks.observer-reporter.com](https://stocks.observer-reporter.com/observerreporter/article/bizwire-2022-2-28-onsemi-divests-wafer-manufacturing-sites-as-part-of-fab-liter-strategy), 2022-02-28: "Last week the company signed a definitive agreement to divest its South Portland, Maine fab. Earlier this month, onsemi closed on the sale of its wafer fabrication facility in Oudenaarde, Belgium."

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