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Vishay Intertechnology has entered into definitive agreements to acquire Birkelbach Kondensatortechnik GmbH, a German manufacturer of metalized technical films for capacitor dielectrics, for approximately €17 million ($18.5 million). The all-cash transaction is expected to close before December 31, 2024.
“This acquisition secures our metalized film material supply in order to meet the accelerating demand for high voltage high power film capacitors used for smart grid infrastructure projects.”globenewswire.com
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