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Slide #25. 5N Plus Inc — 100% Interest in its Sylarus Subsidiary
Acquirer:
5N Plus Inc (TSE:VNP.CA)
Acquiree:
100% Interest in its Sylarus Subsidiary
Details:
5N Plus Inc. (TSX: VNP), the leading producer of specialty metal and chemical products, is pleased to announce that it has acquired the remaining 33.33% percent ownership interest in its subsidiary Sylarus Technologies, LLC, located in St. George, Utah, and has changed its name to 5N Plus Semiconductors LLC.
5N Plus is a global producer of semiconductors and performance materials. Co. deploys a range of proprietary and technologies to develop and manufacture its products. Co.'s products enable various applications in a number of primary industries including renewable energy, security, pharmaceutical, medical imaging, and industrial. Co. has two reportable business segments, Specialty Semiconductors, which manufactures and sells products used in several applications such as renewable energy, space satellites and imaging; and Performance Materials, which manufactures and sells products that are used in several applications in pharmaceutical & healthcare, industrial, and catalytic and extractive.
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