Acquisition History / Niterra Co., Ltd. (NGK Spark Plug) / Toshiba Materials Co., Ltd.
Niterra Co., Ltd. (NGK Spark Plug) Acquires Toshiba Materials Co., Ltd.
Announced November 25, 2024 — $1.00B
What happened
Niterra agreed to buy 100% of Toshiba Materials, the Yokohama-based fine ceramics and metal parts maker with sales of JPY 34.5bn and operating profit of JPY 5.48bn, from Toshiba. Niterra wants the target's materials and process technology for automotive, semiconductor and energy applications.
- Target
- Toshiba Materials Co., Ltd.
- Announced
- November 25, 2024
- Price
- $1.00B
- Industry
- Fine ceramics and metal materials
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Niterra Co., Ltd. (NGK Spark Plug) acquire Toshiba Materials Co., Ltd.?
Niterra Co., Ltd. (NGK Spark Plug) acquired Toshiba Materials Co., Ltd. on November 25, 2024. This was Niterra Co., Ltd. (NGK Spark Plug)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Niterra Co., Ltd. (NGK Spark Plug) pay for Toshiba Materials Co., Ltd.?
Niterra Co., Ltd. (NGK Spark Plug) paid $1.00B for Toshiba Materials Co., Ltd..
What does Toshiba Materials Co., Ltd. do?
Niterra agreed to buy 100% of Toshiba Materials, the Yokohama-based fine ceramics and metal parts maker with sales of JPY 34.5bn and operating profit of JPY 5.48bn, from Toshiba. Niterra wants the target's materials and process technology for automotive, semiconductor and energy applications.
What other Fine ceramics and metal materials companies has Niterra Co., Ltd. (NGK Spark Plug) acquired?
Toshiba Materials Co., Ltd. is Niterra Co., Ltd. (NGK Spark Plug)'s only publicly tracked acquisition in Fine ceramics and metal materials so far.