Vishay to acquire BCcomponents

Vishay Intertechnology has agreed to acquire BCcomponents Holdings BV, a manufacturer of passive components with operations in Europe, India and the Far East.

The product lines of BCcomponents include linear and non-linear resistors, ceramic, film and aluminium electrolytic capacitors and switches and trimming potentiometers. BCcomponents had annual sales in 2001 of approximately $320 million.

‘For the past five years, we have concentrated on strengthening our position in the discrete semiconductor market. This will mark our first major acquisition in the passive area in ten years,’ said Dr. Felix Zandman, Chairman and CEO of Vishay.

‘We will inherit several excellent facilities, including facilities in India and China. Increasing our manufacturing presence in these countries will be consistent with Vishay’s continuing program of shifting our production to regions with low labour costs,’ he added.

The transaction is subject to customary regulatory approval and is expected to close before the end of the calendar year.