Global investment firm Carlyle (NASDAQ:CG) Tuesday said that it has acquired Kyoden Co (OTC:KYDNF), a Japanese manufacturer of printed circuit boards.
Headquartered in Nagano Prefecture, Kyoden employs about 2,100 employees, with manufacturing plants in Japan and Thailand and regional sales presence across APAC.
Carlyle’s Japan buyout platform has invested more than JPY 450 billion across approximately 40 private equity investments since 2000.
The PCB industry faces increasing demand for higher density and miniaturization in circuit boards, multi-layer and build-up PCBs in particular, integrating more functionality into compact and lightweight devices, Carlyle (CG) said.
Kyoden also has experience in electronics manufacturing services, providing end-to-end solutions from component design and manufacturing, procurement of materials and assembly of units and large-scale devices.
