MINEBEA MITSUMI Inc.
Notice regarding the Completion of Acquisition of All Shares of C&A Tool Engineering, Inc.
the Precision Machinery Metal Processing Manufacturer in the U.S.A.
MinebeaMitsumi Inc. (hereinafter referred to as "MinebeaMitsumi") hereby announces that MinebeaMitsumi and the Development Bank of Japan ("DBJ") have jointly completed the acquisition of all shares of C&A Tool Engineering, Inc. ("C&A") as of September 11, 2017.
MinebeaMitsumi and C&A will strive to expand the related business areas by exerting synergetic effects in the years to come.
Outline of C&A
|(1) Company Name||C&A Tool Engineering, Inc.|
|(2) Location||4100 North US 33 Churubusco, Indiana 46723|
|(3) Name of representative||Mr. Robert Marr|
|(4) Business||a precision machinery metal processing manufacturer for medical, aerospace, industrial and fuel systems and other markets|
|(5) Amount of capital||913 thousand US Dollars|
|(6) Established in||1969|
|(7) Ownership||MinebeaMitsumi - 51%, DBJ - 49%|
|(8) Net sales||73 million US Dollars (for the year ended December 2016)|
|Press release||August 10, 2017||Notice Regarding the Stock Purchase of C&A Tool Engineering Inc. the Precision Machinery Metal Processing Manufacturer in the U.S.A.|
|Company Name:||MINEBEA MITSUMI Inc.|
President and Chief Executive Officer
(Code No. 6479, TSE Div. No.1)
Corporate Communications Office
Product information, contact and other context are subject to change without prior notice.