Vishay Intertechnology (VSH) to Acquire Birkelbach
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Go back to Vishay Intertechnology (VSH) to Acquire Birkelbach
November 6, 2024 7:00 AM EST
MALVERN, Pa., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc., (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive electronic components, announced that it has entered into definitive agreements to acquire Birkelbach Kondensatortechnik GmbH and certain related assets (Birkelbach) for approximately 17 million ($18.5 million). Based in Erndtebrueck, Germany, Birkelbach is a manufacturer of metalized technical films for capacitor dielectrics. The all-cash transaction is expected to close before December 31, 2024, subject to satisfaction of customary closing conditions.Â
This acquisition secures our metalized film material supply in order to meet the accelerating demand... More
