# Katolec acquires 83.7% stake in Ultimate Technologies

Katolec Corporation entered into an agreement to acquire 83.7% of the shares of Ultimate Technologies Inc. (UTI), a Japanese electronics design and manufacturing company. The deal value was not disclosed.

- Type: Acquisition
- Announced: 2023-05-16
- Where: Nagano, Japan, Japan
- Status: announced
- Products: electronics design, manufacturing, and evaluation services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Katolec Corporation](https://endata.com/companies/70310.md) (acquirer)
- [Ultimate Technologies Inc.](https://endata.com/companies/70311.md) (target)

## Sources

- [katolec.com](https://www.katolec.com/english/2023/05/16/regarding-the-share-acquisition-of-ultimate-technologies-inc/), 2023-05-16: "Katolec Corporation announces that on May 16, 2023, it entered into an agreement to acquired 83.7% of the shares of Ultimate Technologies Inc."

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