Yageo completed the acquisition of KEMET for $1.6bn.

Yageo, a manufacturer of resistors and related equipment, completed the acquisition of KEMET, a manufacturer of solid tantalum and multilayer ceramic capacitors, for $1.6bn. “The integration will enhance our ability to serve customers in consumer electronics as well as in the high-end automotive, industrial, aerospace, telecom and medical sectors. I look forward to partnering with KEMET’s employees to drive future growth and deliver enhanced value for our shareholders and customers,” Pierre Chen, Yageo Chairman and Chief Executive Officer.