Acquisition
Koito Manufacturing acquires Cepton
Automotive-lighting tier-one Koito Manufacturing completed a take-private acquisition of lidar maker Cepton on January 7, 2025. Each Cepton share was converted to $3.17 in cash; Cepton became a privately held, indirect Koito subsidiary and was delisted from Nasdaq. Koito had been Cepton's largest shareholder (following a $100M investment closed January 2023).
full acquisition · Completed · Undisclosed · verified
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45bf7c60-89c1-4c4d-9998-60383e8ed05bParties
- Acquirer
- Koito Manufacturing
- Acquired
- Cepton
Timeline
- Announced
- 2024-07-29
- Closed
- 2025-01-07
Sources (1)
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