SIGN IN
Log In / Register
News
Japanese Nitto Seiko to Acquire All Shares in KM Seiko in April
Add to my favorite
2022-03-28
A professional public manufacturer of auto screw driving machines, Nitto Seiko signed an agreement with KM Seiko to acquire all shares in KM Seiko on April 1. With a revenue of JPY 3.2 billion, KM Seiko designs, manufactures and sells bolts, nuts, cold headed and cold formed parts to the automotive and construction industries in Japan and overseas. After the share transfer, KM Seiko will be a subsidiary under Nitto Seiko.
Nitto Seiko signed a share transfer agreement with KM Seiko as part of the "NITTOSEIKO Mission "G" tactic, expecting to utilize respective distribution routes, product development and production to create a synergy and provide automotive and construction customers with solutions.
日東精工
Nitto Seiko
KM精工
取得股權
acquire shares
