Platinum Equity
Mergers. Acquisitions. Operations.

Mergers. Acquisitions. Operations.

Renewable Energy Device Supplier KEMET is Back

Article · December 10, 2010


E•Boom Finance coverage of the role Platinum Equity played in the survival and long-term fitness of capacitor manufacturer KEMET.

A global supplier of devices critical to the renewable energy and other sectors, KEMET went public in October 1992. When its markets collapsed in 2008 and with looming debt repayment deadlines, KEMET shares plummeted and the company was delisted from the New York Stock Exchange.

Platinum Equity met with the KEMET management team and created an equity financing deal that was key to KEMET's survival. Relieved of much of its financial pressure, KEMET was able to focus on the growing hybrid electric vehicle market, the wind energy market, and the solar power markets. 

Showing a substantial recovery since Platinum Equity engaged, KEMET's six-month 2011 results (ended 9/30/2010) posted a $14.8 million profit on revenues of $492 million.


Full story »

Investor Relations
and Media Contacts:

Mark Barnhill
+1 310.228.9514 E-mail Mark

Dan Whelan
+1 310.282.9202 E-mail Dan




Signing up for our Newsletter is subject to our Privacy Notice. You may unsubscribe at any time.

We are strongly committed to protecting your privacy. By submitting your contact information, you acknowledge that you have read our Privacy Notice and that you consent to our processing of data in accordance with our Privacy Notice.