Announced
Synopsis
Sumitomo Electric Industries, a manufacturer of electric wire and optical fiber cables, agreed to acquire the remaining stake in Nissin Electric, an electrical equipment company, and Techno Associe, a manufacturer and seller of screws. Financial terms were not disclosed. "By making Nissin Electric and TECHNO ASSOCIE its wholly-owned subsidiaries, the Company will further reinforce the Group’s integrated power and will make efforts to further enhance the corporate value of the Group as a whole," Sumitomo.
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.