Core Viewpoint - Defu Technology has terminated its acquisition of Luxembourg-based Circuit Foil Luxembourg S.a.r.l. due to additional restrictions imposed by the Luxembourg Ministry of Economy and is now shifting its focus to acquiring a domestic company, Anhui Huiru Technology Co., Ltd. [1][3] Group 1: Acquisition Details - The acquisition of Circuit Foil Luxembourg was valued at €2.15 billion, with a net purchase price of €1.74 billion after adjustments [2] - Circuit Foil Luxembourg is a leading global high-end IT copper foil manufacturer, with an annual production capacity of 16,800 tons [2] - The company reported a net profit of -€370,000 in 2024, but projected a profit of €1.67 million in Q1 2025 due to increased product launches [2] Group 2: Strategic Shift - Following the termination of the overseas acquisition, Defu Technology has signed a letter of intent to acquire at least 51% of Anhui Huiru Technology through cash purchase and capital increase [1][3] - Anhui Huiru Technology, established in November 2021, has an annual production capacity of 20,000 tons of high-performance electrolytic copper foil [3] - The acquisition aims to address Defu Technology's near-saturation production capacity and facilitate rapid capacity expansion by integrating advanced production lines and equipment [3]
收购卢森堡铜箔遇阻 德福科技火速转向国内以解产能“近渴”|速读公告