KEMET and BusinessCreation jointly agree on a new future for Dectron
On Friday, September 17th, 2021, Amsterdam, KEMET/YAGEO, and BusinessCreation jointly announced the transfer of KEMET’s facilities in Kalmar Sweden to BusinessCreation to redevelop a newly independent company with a prosperous future for its customers and staff while growing its regional role. As part of the acquisition, the new company will utilize the former brand name, Dectron, with staff having the opportunity to become shareholders.
Following the acquisition of KEMET by YAGEO in June 2020, a strategic decision was made to search for an acquisition partner for the electronics manufacturing facilities in Southern Sweden. The Netherlands-based BusinessCreation was the ideal partner given its track record of successfully redeveloping companies across Europe whilst always maintaining social and regional impact at the centre of its decision-making processes.
For BusinessCreation, the opportunity was of particular interest because of the high level of knowledge and skills available within the current team and the fact that there are synergies with other BusinessCreation ventures. Beyond that, it also meets the social objectives of keeping and developing high-end manufacturing and electronics businesses active in the Kalmar region.
“This is a huge opportunity for the Dectron team to grow again and a milestone in the company’s long history. It is also certainly a huge boost for all employees, who have put their heart and soul into this great company for years,” said Roel Wolfert, Managing Director of BusinessCreation.
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