Semiconductor distributor Macnica plans to acquire Indian semiconductor and electronic component distributor Electronica Sales to bring in local customers and expand its product range. The share transfer agreement was signed on the 24th, and the share transfer is expected to take place in late October.
Semiconductor distributor Macnica announced plans to strengthen its business base in the Indian market by acquiring エレクトロニカセールス, which sells semiconductors and electronic components in India. The transaction is expected to give Macnica 66.6% of the issued shares and 66.6% of voting rights.
The share transfer agreement was signed on the 24th, and the share transfer is expected to take place in late October. The acquisition price has not been disclosed, and Macnica expects the impact on earnings to be minor.
エレクトロニカセールス was established in 2008 and handles semiconductors and electronic components for industrial equipment and automotive applications in India. Macnica views India as a promising semiconductor consumption market against the backdrop of the Modi administration's policy of attracting manufacturing, and is investing locally.
Through the acquisition, Macnica aims to incorporate エレクトロニカセールス's customer base, expand the range of products it handles in the Indian market and grow its business.