MBK Partners Consortium to Acquire FICT Limited

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MBK Partners , one of the largest independent private equity groups in Asia, is acquiring the outstanding shares of FICT Limited, a global leader in interconnection technology, which includes high-multilayer printed circuit boards and build-up substrates.

MBKP has signed a share purchase agreement with Advantage Partners (“Advantage Partners”) and plans to execute the share transfer expeditiously.

Furthermore, FormFactor, Inc. (“FormFactor”), a leading U.S.-based supplier in the global semiconductor test and measurement market and a key player in the global semiconductor supply chain, is making a minority investment into FICT. MBKP will work closely with FormFactor to enhance FICT’s value.

FICT, originally established as Fujitsu Limited’s printed circuit board business, currently operates across three business segments: high-multilayer printed circuit boards, semiconductor-related PCBs and high-precision processing. For over half a century, FICT has driven technological advancements through various high-multilayer and high-density substrates, supporting applications ranging from supercomputers to social infrastructure systems and semiconductor-related equipment. FICT's proprietary F-ALCS technology enables the production of ultra-high multilayer and high-density substrates, significantly enhancing wiring capacity and high-speed signal transmission.

With the rapid evolution of cloud computing and artificial intelligence (AI), demand from leading global semiconductor companies has been increasing. Through its innovative technologies and solutions, FICT plays a pivotal role in shaping the future of advanced information networks.

Since its establishment in 2005, MBKP has invested in a diverse range of companies across various industries, working closely with management teams and employees to drive business expansion and enhance corporate value. In this investment, MBKP strongly believes in FICT’s growth potential, underpinned by its industry-leading technology, and fully supports the management team’s strategy to realize this potential. MBKP intends to leverage its extensive experience in value creation to support FICT’s medium-to-long-term corporate growth.

As a leading private equity firm in Asia, MBKP remains committed to supporting the growth of companies that drive technological and social innovation, particularly in AI. By partnering with FormFactor, a key player in semiconductor testing and measurement, MBKP aims to enhance FICT's medium-to-long-term corporate value while delivering additional benefits to existing and prospective FICT customers.