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Astemo to acquire TDK's automotive power supply development business · Endata

◂ Announcements

May 14, 2024ACQUISITIONJapan

Astemo to acquire TDK's automotive power supply development business

Astemo Ltd. will enter a definitive agreement to succeed the new development business for automotive power supply products from TDK Corporation via a corporate spin-off, effective April 1, 2026. The transfer includes DC-DC converters and onboard chargers development.

Status

Announced

ProductsDC-DC convertersonboard chargersautomotive power supply products

CompaniesAstemo acquirer TDK Corporation target

Sectors#Automotive Components #Semiconductors and Industrial Electronics

“Astemo will take over from TDK the development of automotive power supply technologies such as DC-DC converters and onboard chargers.”astemo.com

1 source
astemo.comNews Release | Astemo, Ltd.May 14, 2024

Summarized from public sources; check the original articles before acting on it.

More from Astemo

Nov 4, 2026INVESTMENTMuncie, Indiana, United States$11.0M9 jobs
Astemo plans $11M investment in Muncie manufacturing operations
Astemo tmcnet.com morningstar.com
Nov 3, 2026EXPANSIONMuncie, Indiana, United States$11.0M9 jobsops Mar 2027
Astemo invests $11M in Muncie manufacturing operations
Astemo Astemo Indiana insideindianabusiness.com prnewswire.com trendxinsights.com
May 14, 2024EXPANSIONBolton, Greater Manchester, UK, United Kingdom$129.0M220 jobsops Apr 2027
Astemo UK to build new inverter production line at Bolton plant
Astemo UK Ltd.Astemo investor astemo.com
Sep 26, 2022CONTRACT
Astemo receives e-Axle orders from Honda for EV rollout in 2026
Astemo Honda Motor Co., Ltd. customer am.astemo.com

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