Trade sale of Silicon Carbide device manufacturer and R&D company Ascatron to leading engineered materials company II-VI Incorporated.
listérus & partners Capital Advisors have advised the shareholders of Ascatron AB on the sale of 100% of the shares in the company to II-VI Incorporated.
US based II-VI Incorporated is a global leader in engineered materials and optoelectronic components and a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, aerospace & defense, life sciences, semiconductor capital equipment, and consumer markets. Headquartered in Saxonburg, Pennsylvania, the Company has research and development, manufacturing, sales, service, and distribution facilities worldwide.
Ascatron is a Swedish scale-up company developing next generation Silicon Carbide (SiC) power semiconductor devices and producing state-of-the art SiC epitaxy material.
Sellers include RISE Research Institutes of Sweden, KIC InnoEnergy and Italian VC firms Indaco Venture Partners and Como Venture as well as the founders and some angel investors. The founders will continue to work for the company.
