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5N Plus Inc T.VNP

Alternate Symbol(s):  FPLSF

5N Plus Inc. is a global producer of specialty semiconductors and performance materials. The Company deploys a range of technologies to develop and manufacture its products. The Company operates through two segments: Specialty Semiconductors and Performance Materials. Operating in North America and Europe, the Specialty Semiconductors segment manufactures and sells products used in several applications, such as renewable energy, space satellites and imaging. Its end markets include photovoltaics (terrestrial and spatial solar energy), medical imaging, infrared imaging, optoelectronics, and advanced electronics. The Performance Materials segment operates in North America, Europe and Asia and manufactures and sells products that are used in several applications in pharmaceutical and healthcare, and industrial. The main products are sold as active pharmaceutical ingredients, animal feed additives, specialized chemicals, commercial grade metals, alloys, and engineered powders.


TSX:VNP - Post by User

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Post by Grugaron Oct 19, 2021 3:00pm
229 Views
Post# 34023874

Last step for Azur acquisition

Last step for Azur acquisitionStrategic alignment with AZUR acquisition While 5N Plus has organically expanded its II-VI semiconductor value-chain, its III-V semiconductor value-chain has required a combination of organic growth initiatives and strategic investments. The Company is in the last stage of the regulatory approval process to acquire AZUR SPACE Solar Power GmbH (“AZUR”). This acquisition is expected to be transformational for 5N Plus. AZUR brings established businesses within III-V semiconductor materials which are complementary to 5N Plus’s current activities. This, in combination with 5N Plus’s expanding business in II-VI semiconductor materials, serve as a unique source of competitive distinction and a substantial catalyst for future growth. The synergies of AZUR and 5N Plus will result in a higher total addressable market beyond space and enable entry into larger markets such as high-power electronics, electrification, advanced communication and other areas within the security market
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