DC Advisory* served as exclusive financial advisor to Daicel Corporation (TSE: 4202; “Daicel”) in its announced acquisition of Special Devices, Inc. (“SDI”) from Wayzata Investment Partners. SDI engages in the design, manufacture, production, marketing, distribution, and sale of pyrotechnic products used in a variety of applications including for automotive airbag inflators, seat belt pretensioners, and fire suppression systems.

Daicel becomes the world’s second largest initiator manufacturer on a production basis and it intends to strengthen its global automotive inflator manufacturing business by sourcing initiators internally. 

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