EPCOS to acquire Tronics

Aug. 2, 2016 – TDK Corp. has announced its wholly-owned subsidiary EPCOS, a manufacturer of electronic components, modules and systems, has acquired Tronics in a move to further grow its sensor business.

“The integration of Tronics into TDK will open up attractive new opportunities in the promising growth markets for inertial sensors in industrial, automotive and consumer electronics and thus enable TDK to substantially expand its sensor business and provide customers with a wide range of sensor solutions,” said TDK in a statement.

“Tronics gives an immediate entry into the rapidly growing market for inertial sensors,” said Joachim Zichlarz, TDK senior vice-president, corporate officer and CFO of Electronic Components Business Company and EPCOS chairman of the management board, CEO and CFO. “The acquisition of Tronics will boost our innovativeness and market strength in one of the future’s most promising and crucial technological fields. Following the acquisition of the magnetic sensor manufacturer Micronas, which was announced in December 2015, the acquisition of Tronics represents a logical next step in TDK’s strategy to expand its activities in the sensors area. Moreover, TDK expects strong synergies with its own cutting-edge thin-film and assembly technologies.”

Founded in 1997 and headquartered in Crolles, France, Tronics provides local support to customers on three continents and boasts “one of the broadest technology portfolios in the industry,” ranging from MEMS3 design to high-volume MEMS manufacturing.

The supervisory board of Tronics said the acquisition will offer “significant strategic, operational and financial advantages for Tronics and will secure Tronics’ development and output in a difficult market.”

“This is a great recognition for Tronics’ expertise and success in inertial products and MEMS technologies,” said Pascal Langlois, chairman of the management board and CEO of Tronics. “The company will benefit from TDK’s position as a leading manufacturer of electronic components with a global salesforce and powerful manufacturing base and with excellent relationships to key players in industrial, automotive and consumer electronics markets. TDK’s solid financial basis and extensive know-how in materials and production engineering will provide a very good basis for strong future growth of Tronics’ cutting-edge sensor technologies.”