Heraeus Nexensos is the global leader in premium platinum thin-film temperature sensors for superior temperature range, high precision measurement and high stability with over 100 years of history in high-end industrials and automotive segments. Its headquarter is located in Hanau, Germany, with 2 manufacturing sites located in Germany and Malaysia and has about 480 full time employees. Heraeus Nexensos provides a wide array of platinum thin-film temperature sensor elements in different formats, including but not limited to leaded sensors, SMD (surface mount device) and PCB (printed circuit board) to accommodate various designs from customers. As of 2021, Heraeus Nexensos has close to 60% of the revenue coming from North America and Europe, and 100% of the revenue contributed by industrial and automotive customers. Heraeus Nexensos’s 2021 annual revenue was EUR 78.46 million (approximately NT$2.45 billion).
“In a world that is rapidly moving towards everything smart and electrified, sensors are an integral part of that paradigm shift. To us, temperature sensors are a great addition to our existing sensor portfolio from YAGEO and TOKIN and the perfect product to propel us further into the sensor market given the similarities in business models and secular trends.” said YAGEO Founder and Chairman Pierre Chen. “Heraeus Nexensos has a highly complementary set of products and customers, especially in the automotive and industrial segments which are the key drivers for future growth.”
Jan Rinnert, Chairman of the Board of Managing Directors and CEO of Heraeus Holding GmbH said: “We are convinced that Heraeus Nexensos, as part of YAGEO, one of the leading electronics companies in the world, will continue and exceed its growth path of the last 10 years. With YAGEO’s years of international M&A and integration experiences, we truly believe that Heraeus Nexensos and YAGEO will have the perfect commercial and cultural fit to benefit from the industry tailwinds for the years to come.”
Other than the long-term strategic fit, the acquisition of Heraeus Nexensos will bring YAGEO immediate cross-selling opportunities. Leveraging off Heraeus Nexensos’s advanced technology and YAGEO’s premium global distribution channels, YAGEO will be able to continue to capture our content share per box among our customers and further simplify their supply chain management process to create value and convenience.
The transaction is aiming to complete in the first half of 2023, subject to customary closing conditions and the receipt of required regulatory approvals.
YAGEO is the world’s only electronic component and service provider who has all three of the main pillars of the passive component industry—resistors, capacitors, and inductors, with each of the products having the leading position among its peers. Moreover, YAGEO has extended its product portfolio to circuit protection components, wireless components and sensors. After years of international acquisitions and internal product portfolio optimization, YAGEO has transformed to a premium solution provider with high design-in capability and extensive reach into those hard to penetrate segments and markets.