Heraeus acquires stake in start-up Zadient
German materials company acquires stake in SiC specialist
German materials company Heraeus has acquired a significant stake in the French start-up company Zadient, which specialises in the production of SiC source material.
SiC's ability to handle higher power densities with low losses allows have lead to the rapid adoption of SiC in applications ranging from the main inverters and on-board chargers in EVs to wind and solar power inverters, battery storage systems and even airplane power management modules.
"Heraeus recognises the potential of the SiC market and considers it to be highly relevant for high-tech applications. By acquiring a stake in Zadient, we can jointly offer our customers even better solutions" said Steffen Metzger, member of the Heraeus Group Management Committee. “We are very happy that we found a way to accelerate growth in the SiC market by combining the innovative ideas of the materials start-up Zadient with the manufacturing and technical expertise of the Heraeus Group.”
“We are very excited to be partnering with an industry leader like Heraeus,” noted Zadient CEO Kagan Ceran. “The expertise that Heraeus has in the industrial scale production of advanced materials, both in its home market of Germany and abroad, offers us unique synergies as we strive to realise our vision to be the world’s largest volume, highest purity producer of SiC semiconductor materials.”