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Business deals

Kyocera hedges trade war risks with 2 European acquisitions

German and Dutch deals provide bases outside Japan and US

Kyocera is looking to strengthen European operations as the U.S.-China trade war increases uncertainty. (Photo by Kosaku Mimura)

OSAKA -- Japanese electronics supplier Kyocera said Monday that it will buy two European companies as it aims to limit exposure to the U.S.-China trade war by gaining production and sales bases on the continent.

The Kyoto-based company will acquire Germany's H.C. Starck Ceramics and Dutch pneumatic tool maker Van Aerden Group. The purchase prices were not disclosed, but the total value of both deals is estimated at just under 20 billion yen ($182 million).

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