Shibaura Machine Co.,Ltd. completed the acquisition of Pokka Machine Co.,Ltd. from POKKA SAPPORO Food & Beverage Ltd.
March 29, 2024
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Shibaura Machine Co.,Ltd. (TSE:6104) agreed to acquire Pokka Machine Co.,Ltd. from POKKA SAPPORO Food & Beverage Ltd. on January 31, 2024. As part of acquisition, 1200 shares will be acquired. The transaction is expected to complete on March 1, 2024.
Shibaura Machine Co.,Ltd. (TSE:6104) completed the acquisition of Pokka Machine Co.,Ltd. from POKKA SAPPORO Food & Beverage Ltd. on March 1, 2024.
Shibaura Machine Co Ltd is a Japan-based company mainly engaged in the provision of molding machines and machine tools. It operates through two business segments. Molding Machine segment is engaged in the manufacture, sale, installation, and maintenance of injection molding machines, extrusion molding machines and die casting machines. Products include all-electric injection molding machine EC-SXIII, EC-SX and EC-S series, hybrid type Injection molding machine ED and IS series, special specification injection molding machine, fine foam molding and control system. Machine Tool segment is engaged in the manufacture, sale, installation and maintenance of machine tools. Products include high-speed shape machines MPJ-M and MPJ series, horizontal boring machines BTD-100R12 and BTD-110H.R13/R16, grinding machines KWA-D and KT-C series. It is also engaged in manufacture and sale of industrial robots, servo motors, computer numerical control (CNC) devices, sewerage-related measuring equipment.