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Mecaro, take over 65.79% of Copial Endi...

Mecaro, a semiconductor materials and components company, held a board meeting on the 6th and announced on the 8th that it will buy a 65 percent stake in Kopi Alendi at $5 billion through a paid increase in third party allocation.

According to Mecaro, Kopi Alendi is a R&D (R&D) and design company for equipment, materials, and components that were established in 2016. The company is currently conducting R&D design and consulting for next-generation semiconductor equipment and signed off on a contract to transfer SSD test equipment business in August. 

"We will secure next-generation technologies in semiconductor materials and components by acquiring (Cofial Endi) shares this time and strengthen our leading position." said a representative for Mecaro.

Based on the stability and profitability of the existing business sector, Mecaro will continue to generate future growth engines through increased investment in R&D and activities such as M&A. 

Meanwhile, Mecaro plans to split the business into its main business, the heater block for components for semiconductors, and the material precursor business, as well as its new unit, the eco-friendly energy business. The solar battery business, to meeting on Thursday.be split, is scheduled to be split in early November after approval through an extraordinary shareholders