ARQIS has advised Kyocera on the acquisition of the advanced ceramics business operations of Friatec, a manufacturer and seller of ceramic and plastic components based in Mannheim, Germany, through a newly established subsidiary Kyocera Ceramic Solutions (Esslingen).
The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in autumn 2019.
Since its founding in 1959, Kyocera has provided advanced ceramic components for a wide range of markets, including industrial machinery, information devices, medical devices, and environmental preservation / renewable energy equipment. The company has supported various industries by utilizing technologies cultivated through its research, development, and production of fine ceramics.
Already in April 2019, Kyocera acquired – also with ARQIS’ support – H.C. Starck Ceramics GmbH, a Germany-based company specializing in fine ceramic components. This acquisition gave Kyocera its first fine ceramic manufacturing facility in Europe, strategically positioning the company to meet rising demand for fine ceramic components used in industrial machinery.
By acquiring Friatec’s ceramics business, including its main lineup of oxide and metallised ceramic components and a European manufacturing facility capable of producing these products, Kyocera will be able to offer customers comprehensive service through local production and sales. Kyocera also aims to further expand its fine ceramic business by strengthening its capabilities for developing and supplying prototypes with short delivery times.