SCHOTT fully acquired NEC SCHOTT Components Corporation
SCHOTT, a leading international technology group in the areas of specialty glass and glass-ceramics with its headquarters in Mainz (Germany), is looking to further strengthen its position in the important Japanese market for electronic components. As announced on November 24, the company has now purchased the remaining shares in the joint venture NEC SCHOTT Components Corp., Minakuchi (Japan). With the acquisition of NEC Corporation’s 49 percent share, the joint venture has become a fully-owned SCHOTT subsidiary.
The company is one of Japan’s leading electronic component manufacturers producing glass-to-metal seals and thermal fuses. Key applications for these products include electronic devices, consumer electronics, the automotive industry and optoelectronics. NEC SCHOTT Components Corporation was founded in 2000 and employs around 190 people.
The company will now pursue its business activities under the new name SCHOTT Japan Corporation, Minakuchi (Japan).
SCHOTT furthermore expedites unification of its business activities in Japan in order to strengthen SCHOTT’s brand identity in the Japanese market. Therefore, SCHOTT plans to merge SCHOTT Japan Corporation, Minakuchi with the sales company SCHOTT Nippon K.K., Tokyo. The merged company shall then continue to operate under the new name SCHOTT Japan Corporation.
SCHOTT is a leading international technology group in the areas of specialty glass and glass-ceramics. The company has more than 130 years of outstanding development, materials and technology expertise and offers a broad portfolio of high-quality products and intelligent solutions. SCHOTT is an innovative enabler for many industries, including the home appliance, pharma, electronics, optics, life sciences, automotive and aviation industries. SCHOTT strives to play an important part of everyone’s life and is committed to innovation and sustainable success. The group maintains a global presence with production sites and sales offices in 34 countries. With its workforce of approximately 15,000 employees, sales of $2.21 billion were generated in fiscal year 2015/2016. www.us.schott.com
SCHOTT North America, Inc.
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