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Vishay to acquire BCcomponents

Posted: 13 Nov 2002 ?? ?Print Version ?Bookmark and Share

Keywords:BCcomponents Holdings? passive components? resistors? capacitors? switches?

Vishay Intertechnology Inc. has agreed to acquire BCcomponents Holdings B.V., a manufacturer of passive components with operations in Europe, India, and the Far East. The product lines of BCcomponents include linear and nonlinear resistors; ceramic, film and aluminum electrolytic capacitors; and switches and trimming potentiometers.

In the transaction, Vishay will deliver warrants to acquire Vishay shares in exchange for the outstanding shares of BCcomponents and will arrange for the satisfaction of the outstanding senior and mezzanine debt of BCcomponents. The transaction is expected to close before the end of 2002.

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