# Koito Manufacturing acquires Cepton: acquisition

Canonical ID: `45bf7c60-89c1-4c4d-9998-60383e8ed05b`

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).

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** undisclosed
- **Verification posture:** verified

## Parties

- **Acquirer:** [Koito Manufacturing](https://registry.deploy.report/companies/koito-manufacturing.md)
- **Acquired:** [Cepton](https://registry.deploy.report/companies/cepton.md)

## 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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