Saes Getters announced it will acquire the entire share capital of Memry GmbH in two tranches. Prior to the announcement Saes Getters owned 60% of the nitinol products manufacturer.

The first tranche, to be completed by July 15, 2012, values 20% of Memry GmbH’s shares at 500,000 euros. The second tranche, giving Saes Getters full ownership, will be completed in 2013 or 2014 Reuters reported.

Comments are closed.