ATREG, Inc. announced today that the acquisition of Nexperia B.V.’s operational 200mm wafer fab located in Newport, South Wales, UK by Vishay Intertechnology, Inc. has officially closed, as all conditions to the sale, including UK government review, have now been met. Headquartered in Malvern, Pa., Vishay is one of the world’s largest manufacturers of discrete semiconductors and passive electronic components. The automotive-certified manufacturing facility is located on the UK’s largest semiconductor fab site. The South Wales Cluster is one of the top five semiconductor clusters in Europe with a well-established supply chain.
“Our primary concern was for the employees at the Newport wafer fab and we are pleased that this sale has secured a future for both the employees and the site,” explains Stefan Tilger, CFO of Nexperia. “The ATREG team exceeded our expectations in terms of timeline and key executive industry relationships. The highly competitive global process ATREG ran brought a broad array of qualified buyers to the table which resulted in the optimal outcome for our company, employees, and shareholders.”
“This acquisition enables Nexperia to transition the Newport wafer fab in South Wales to a new owner who can ensure the long-term future of the site, keeping the asset operational and preserving local jobs,” adds Stephen Rothrock, founder and CEO of ATREG. “The facility will continue to play a crucial role in the local Welsh semiconductor ecosystem. Congratulations to both companies on a successful outcome.”