Commission Decision No. 05-M-004/2017: Acquisition by NTJ Holdings 1, Inc. of NEC Tokin Electronics (Philippines) Inc.
Acquisition by NTJ Holdings 1, Inc. of NEC Tokin Electronics (Philippines), Inc.
NTJ Holdings 1, Inc. proposes to acquire the electromechanical business (“Volt Business”) of Kemet Corporation, specifically the manufacturing and selling of power relays and signal relays (and services relating to such business). The Volt Business is comprised of interests and/or shares in wholly-owned subsidiaries of NEC Tokin Corporation, which includes NEC Tokin Electronics (Philippines), Inc.