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Elite Material Co., Ltd to Acquire 100% Equity stake of Arlon EMD Specialty Materials
December 23, 2020 | Elite Material Co. LtdEstimated reading time: Less than a minute
Elite Material Co., Ltd (EMC) announced today that EMC will acquire all outstanding stakes of EMO Specialty Materials LLC (OBA: Arlon Electronic Materials (Arlon); EMO SM), a Delaware limited liability company doing business in the U.S., through its 100% owned subsidiary EMC Special Application Incorporated. Consummation of the transaction will be subject to the relevant regulatory approvals.
Headquartered in Rancho Cucamonga, California, EMO SM is a manufacturer of specialty high performance polyimide and epoxy based laminate and prepreg materials for uses in a wide variety of high reliability focused printed circuit board applications. Its product applications range from different industries such as aircraft & avionics, defense electronics, industrial applications, and semiconductor testing with customers worldwide including North America, Asia, and Europe.
With this acquisition, EMC will be able to establish a new manufacturing base in the US servicing OEMs and PCB customers. This transaction will also strengthen EMC's diversification strategy and enhance its competitiveness.
Looking forward, EMC anticipates to bring in additional resources to EMO SM for further growth of business and operation scales.
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