TOWA Corporation (TSE:6315) agreed to acquire Mold Manufacturing Business of K-Tool Engineering for MYR 30 million on February 27, 2023. Mold Manufacturing Business reported a Sales of MYR of 11 million in year ending 2022. The transaction is expected to close on April 2023.

TOWA Corporation (TSE:6315) completed the acquisition of Mold Manufacturing Business of K-Tool Engineering in April, 2023.