Kymera International Acquires Fiven ASA from OpenGate Capital

Kymera International has signed a definitive agreement to acquire Fiven ASA from OpenGate Capital; the transaction is expected to close after customary regulatory approvals and terms were not disclosed. Fiven is a global producer of advanced silicon carbide materials with manufacturing sites in Norway, Belgium and Brazil; the deal expands Kymera's specialty materials platform (owned by Palladium Equity Partners) into high-growth end markets such as power electronics, semiconductors and batteries.