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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


Machine-readable surfaces

45bf7c60-89c1-4c4d-9998-60383e8ed05b

Parties

Acquirer
Koito Manufacturing
Acquired
Cepton

Timeline

Announced
2024-07-29
Closed
2025-01-07

Sources (1)

  1. https://www.koito.co.jp/english/news/2025/01/08/004421.html

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