Swiss-based plastic belt manufacturer Habasit AG announced on Dec. 5 that it has acquired all stocks in Namil Belt Industrial Co. Ltd. (NBI) and Korea Belt Services (KBI), turning these two South Korean belt companies into wholly owned subsidiaries. By then integrating these two companies, Habasit aims to bolster its supply of high-quality, customized solutions to customers throughout South Korea....
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Ube Industries Ltd (TYO:4208) and Kyocera Corp. (TYO:6971) have agreed to form a JV with the aim of expanding their operations around ceramic filters for 5G base stations. To initiate this, Kyocera will acquire a 51 percent share in Ube Electronics Ltd. (UEL), a wholly owned subsidiary of Ube Industries. Kyocera and Ube Industries will then establish a JV under...
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Belt manufacturer Bando Chemical Industries Ltd. (TYO:5195) is focusing on growing its business for medical and health care equipment – a sector where demand is expected to grow going forward. As part of this approach, the company recently spent 10.55 billion yen ($96.48 million) on acquiring Aimedic MMT Co. Ltd., which handles production, sales and afterservice for plastic surgery equipment....
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Toyoda Gosei Co. Ltd. (TYO:7282) is looking to accelerate its development of vehicle interior and exterior modules for the coming age of automated driving, investing in Imuzak Inc., a firm with strengths in optical design and evaluation. The outlay of 50 million yen ($450,000) is the first to be implemented by the new Corporate Venture Capital Department, established up by...
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Bando Chemical Industries Ltd. (TYO:5195) announced on April 5 that it signed a share purchase agreement to acquire all shares of Aimedic MMT Co. Ltd., a manufacturer, seller and provider of after-sale services for orthopedic medical devices. Acquired from a fund managed by the Polaris Capital Group Co. Ltd. for around 10.55 billion yen ($94.23 million), Aimedic MMT will become...
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Ube Industries Ltd. (TYO:4208) announced on April 8 that its consolidated subsidiary Ube Corporation Europe SAU (UCE) has decided to acquire Spanish compound manufacturer Repol SL. The companies have agreed to a share transfer on the basis of a deal for UCE to acquire a majority of Repol’s shares in late March. Based in Valencia, Spain, Repol operates a European...
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