On the Record · Kemet
Kemet acquisitions, on the record
The businesses Kemet bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Tantalum Business Unit of EPCOS AGWord for word“Since then, we have made the following acquisitions: Business Segment Fiscal Year Business Solid Capacitors Segment (“Solid Capacitors”) 2007 Tantalum Business Unit of EPCOS AG Film and Electrolytic Segment (“Film and Electrolytic”) 2008 Evox Rifa Group Oyj Film and Electrolytic 2008 Arcotronics Italia S.p.A. Film and Electrolytic 2012 Cornell Dubilier Foil, LLC (renamed KEMET Foil Manufacturing, LLC (“KFM”)) Solid Capacitors 2012 Niotan Incorporated (renamed KEMET Blue Powder Corporation (“KBP”)) Corporate 2013 34% economic interest in TOKIN Corporation (“TOKIN”) (1) Corporate 2016 IntelliData, Inc. (“IntelliData”) Solid Capacitors and Electro-Magnetic, Sensors, and Actuators Segment ("MSA") 2018 TOKIN (1)” 10-K for 2018 | acquisition | 2007 | — |
Evox Rifa Group OyjWord for word“Since then, we have made the following acquisitions: Business Segment Fiscal Year Business Solid Capacitors Segment (“Solid Capacitors”) 2007 Tantalum Business Unit of EPCOS AG Film and Electrolytic Segment (“Film and Electrolytic”) 2008 Evox Rifa Group Oyj Film and Electrolytic 2008 Arcotronics Italia S.p.A. Film and Electrolytic 2012 Cornell Dubilier Foil, LLC (renamed KEMET Foil Manufacturing, LLC (“KFM”)) Solid Capacitors 2012 Niotan Incorporated (renamed KEMET Blue Powder Corporation (“KBP”)) Corporate 2013 34% economic interest in TOKIN Corporation (“TOKIN”) (1) Corporate 2016 IntelliData, Inc. (“IntelliData”) Solid Capacitors and Electro-Magnetic, Sensors, and Actuators Segment ("MSA") 2018 TOKIN (1)” 10-K for 2018 | acquisition | 2008 | — |
Arcotronics Italia S.p.A.Word for word“Since then, we have made the following acquisitions: Business Segment Fiscal Year Business Solid Capacitors Segment (“Solid Capacitors”) 2007 Tantalum Business Unit of EPCOS AG Film and Electrolytic Segment (“Film and Electrolytic”) 2008 Evox Rifa Group Oyj Film and Electrolytic 2008 Arcotronics Italia S.p.A. Film and Electrolytic 2012 Cornell Dubilier Foil, LLC (renamed KEMET Foil Manufacturing, LLC (“KFM”)) Solid Capacitors 2012 Niotan Incorporated (renamed KEMET Blue Powder Corporation (“KBP”)) Corporate 2013 34% economic interest in TOKIN Corporation (“TOKIN”) (1) Corporate 2016 IntelliData, Inc. (“IntelliData”) Solid Capacitors and Electro-Magnetic, Sensors, and Actuators Segment ("MSA") 2018 TOKIN (1)” 10-K for 2018 | acquisition | 2008 | — |
Cornell Dubilier Foil, LLC (renamed KEMET Foil Manufacturing, LLC)Word for word“Since then, we have made the following acquisitions: Business Segment Fiscal Year Business Solid Capacitors Segment (“Solid Capacitors”) 2007 Tantalum Business Unit of EPCOS AG Film and Electrolytic Segment (“Film and Electrolytic”) 2008 Evox Rifa Group Oyj Film and Electrolytic 2008 Arcotronics Italia S.p.A. Film and Electrolytic 2012 Cornell Dubilier Foil, LLC (renamed KEMET Foil Manufacturing, LLC (“KFM”)) Solid Capacitors 2012 Niotan Incorporated (renamed KEMET Blue Powder Corporation (“KBP”)) Corporate 2013 34% economic interest in TOKIN Corporation (“TOKIN”) (1) Corporate 2016 IntelliData, Inc. (“IntelliData”) Solid Capacitors and Electro-Magnetic, Sensors, and Actuators Segment ("MSA") 2018 TOKIN (1)” 10-K for 2018 | acquisition | 2012 | — |
Niotan Incorporated (renamed KEMET Blue Powder Corporation)Word for word“On February 21, 2012, we completed the acquisition of all of the outstanding shares of Blue Powder, a leading manufacturer of tantalum powders.” 10-K for 2018 | acquisition | 2012 | — |
IntelliData, Inc.Word for word“Since then, we have made the following acquisitions: Business Segment Fiscal Year Business Solid Capacitors Segment (“Solid Capacitors”) 2007 Tantalum Business Unit of EPCOS AG Film and Electrolytic Segment (“Film and Electrolytic”) 2008 Evox Rifa Group Oyj Film and Electrolytic 2008 Arcotronics Italia S.p.A. Film and Electrolytic 2012 Cornell Dubilier Foil, LLC (renamed KEMET Foil Manufacturing, LLC (“KFM”)) Solid Capacitors 2012 Niotan Incorporated (renamed KEMET Blue Powder Corporation (“KBP”)) Corporate 2013 34% economic interest in TOKIN Corporation (“TOKIN”) (1) Corporate 2016 IntelliData, Inc. (“IntelliData”) Solid Capacitors and Electro-Magnetic, Sensors, and Actuators Segment ("MSA") 2018 TOKIN (1)” 10-K for 2018 | acquisition | 2016 | — |
TOKIN CorporationWord for word“KEMET entered into a Definitive NEC TOKIN Stock Purchase Agreement (the “TOKIN Purchase Agreement”) with NEC Corporation (“NEC”), to acquire all of the outstanding shares of common stock and preferred stock of TOKIN not already held by KEMET.” 10-K for 2018 | acquisition | — | — |
Electro-mechanical devices (EMD) business of TOKINWord for word“On April 14, 2017, TOKIN closed on the sale of its electro-mechanical devices ("EMD") business to NTJ Holdings 1 Ltd. (“NTJ”), a special purpose entity that is owned by funds managed or operated by Japan Industrial Partners, Inc.” 10-K for 2018 | divestiture | April 14, 2017 | — |
Cornell Dubilier Foil, LLC (renamed KEMET Foil Manufacturing, LLC (“KFM”))Word for word“Since then, we have made the following acquisitions: Segment Fiscal Year Business Solid Capacitors Segment (“Solid Capacitors”) 2007 Tantalum Business Unit of EPCOS AG Film and Electrolytic Segment (“Film and Electrolytic”) 2008 Evox Rifa Group Oyj Film and Electrolytic 2008 Arcotronics Italia S.p.A. Film and Electrolytic 2012 Cornell Dubilier Foil, LLC (renamed KEMET Foil Manufacturing, LLC (“KFM”)) Solid Capacitors 2012 Niotan Incorporated (renamed KEMET Blue Powder Corporation (“KBP”)) Corporate 2013 34% economic interest in TOKIN Corporation (“TOKIN”) (1) Corporate 2016 IntelliData, Inc. (“IntelliData”) Solid Capacitors and Electro-Magnetic, Sensors, and Actuators Segment (“MSA”) 2018 TOKIN (1)” 10-K for 2019 | acquisition | 2012 | — |
Niotan Incorporated (renamed KEMET Blue Powder Corporation (“KBP”))Word for word“On February 21, 2012, we completed the acquisition of all of the outstanding shares of Blue Powder, a leading manufacturer of tantalum powders.” 10-K for 2019 | acquisition | 2012 | — |
IntelliData, Inc. (“IntelliData”)Word for word“Since then, we have made the following acquisitions: Segment Fiscal Year Business Solid Capacitors Segment (“Solid Capacitors”) 2007 Tantalum Business Unit of EPCOS AG Film and Electrolytic Segment (“Film and Electrolytic”) 2008 Evox Rifa Group Oyj Film and Electrolytic 2008 Arcotronics Italia S.p.A. Film and Electrolytic 2012 Cornell Dubilier Foil, LLC (renamed KEMET Foil Manufacturing, LLC (“KFM”)) Solid Capacitors 2012 Niotan Incorporated (renamed KEMET Blue Powder Corporation (“KBP”)) Corporate 2013 34% economic interest in TOKIN Corporation (“TOKIN”) (1) Corporate 2016 IntelliData, Inc. (“IntelliData”) Solid Capacitors and Electro-Magnetic, Sensors, and Actuators Segment (“MSA”) 2018 TOKIN (1)” 10-K for 2019 | acquisition | 2016 | — |
TOKIN Corporation (“TOKIN”)Word for word“The transaction closed on April 19, 2017 and on that date, TOKIN became a 100% indirect owned subsidiary of KEMET.” 10-K for 2019 | acquisition | April 19, 2017 | — |
TOKIN's electrical-mechanical devices ("EMD") businessWord for word“The Company recognized equity income of $84.2 million related to our 34% economic interest in TOKIN for the 19-day period ended April 19, 2017 for the sale of TOKIN's electrical-mechanical devices ("EMD") business and a $9.0 million unfavorable removal of the cost basis of the portion of equity investment related to the EMD division.” 10-K for 2019 | divestiture | — | — |
Land and buildingsWord for word“The net proceeds realized by the Company were approximately $3.4 million after payment of $0.2 million in closing costs.” 10-K for 2019 | divestiture | — | approximately $3.4 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-03-31 | $0 | — |
| 2018-03-31 | −$164 million | — |
| 2019-03-31 | $0 | $0 |
| 2020-03-31 | $1.3 million | $916,000 |
Deal filings since 2016
- 2020-06-17 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-05-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-05-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-04-20 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-04-20 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-02-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Kemet’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2020-05-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.