SCREEN to Acquire 100% Share of Phoenix Seiko, a Company Which Specializes in Plastic Processing
Ensuring stable supply of SPE components through acquisition
Kyoto, Japan – February 6, 2024 – SCREEN Semiconductor Solutions Co., Ltd. (hereafter “SCREEN SPE”), a group company of SCREEN Holdings Co., Ltd., has decided to acquire 100% share of Phoenix Seiko Co., Ltd. (President: Yoshiteru Fukumoto; hereafter “Phoenix Seiko”), making it a wholly owned subsidiary. Share acquisition is scheduled to take place on March 31, 2024.
Headquartered in Hikone City, Shiga Prefecture, Phonix Seiko specializes in precision work and unit assembly of plastic products. It is particularly strong in welding of polyvinyl chloride (PVC) products, which are crucial for semiconductor production equipment. The company has been one of the important partner companies of SCREEN SPE for years.
Combining the company’s plastic processing technology with SCREEN SPE’s cleaning equipment knowhow is expected to bolster the performance of the PVC products used in semiconductor production equipment. Moreover, by bringing the design and production teams of both companies closer together, we will seek to improve productivity and shorten the lead time.
Details of the to-be acquired company:
| 1. Company name: | Phoenix Seiko Co., Ltd. |
| 2. Headquarters: | 761-5, Kawasebaba-cho, Hikone City, Shiga Prefecture |
| 3. Representative: | Yoshiteru Fukumoto, President |
| 4. Established: | February 1983 |
Contact about this News
SCREEN Holdings Co., Ltd.
Tel: +81-75-414-7131 URL: www.screen.co.jp/en/contact/info
Information contained in the news release are current on the date of publication, but may be subject to change without notice.