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Kymera International to acquire Fiven ASA, a leader in advanced silicon carbide materials

Jun 04, 2024over 1 year ago

Acquiring Company

Kymera International

Acquired Company

Fiven ASA

DurhamElectronicsManufacturing

Description

Kymera International, a global leading specialty materials and surface technologies company, has signed an agreement to acquire Fiven ASA from OpenGate Capital. This acquisition will accelerate Kymera's mission to become a high-growth specialty materials and chemicals platform, unlocking substantial organic growth opportunities for the combined business.

Company Information

Company

Kymera International

Location

Durham, North Carolina, United States

About

The companies under Kymera International have a long history and have been producing specialty alloy powders, pastes and granules for over 100 years to the aerospace, automotive, electronics, medical and industrial markets. The Group has manufacturing plants in seven countries and produces a wide array of materials including aluminum and aluminum alloys, copper and copper alloys, copper oxide, titanium, vanadium, niobium and molybdenum master alloys, plain bearing alloys, silver coated, tin, zinc, coatings, and various specialty alloys in a wide range of shapes and particle sizes from coarse to ultrafine (<1um). Products include powders, pastes, ingots and granules. Kymera International’s Vision is, “Creating innovation and value in each and every particle we produce℠ “. We are committed to our ESG initiatives and strive to reduce greenhouse gases, ensure our employees are safe and follow the strictest code of ethics and governance.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed