According to Material-KY's board announcement on November 9, the Taiwan-listed company reported October revenue of NT$1.052 billion, up 3% month-over-month and 33% year-over-year, as the company capitalizes on customer inventory replenishment demand. Year-to-date revenue through October totaled NT$9.73 billion, down 14% annually.

Material-KY's board approved a share purchase agreement and stock exchange contract with a Blackstone-managed fund to acquire 100% of Cerdia Holding, a European fiber-based materials manufacturer with over a century of production experience and approximately 1,100 employees. Upon completion, Material-KY will operate production facilities across Germany, the United States, Brazil, and Russia, complementing its existing Asian operations and enhancing supply chain resilience against tariffs, logistics disruptions, and geopolitical shifts.

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