Cominix Co.,Ltd. agreed to acquire Guangzhou Kamogawa International Trade Co., Ltd. from Kamogawa Co.,Ltd.
September 29, 2021
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Cominix Co.,Ltd. (TSE:3173) agreed to acquire Guangzhou Kamogawa International Trade Co., Ltd. from Kamogawa Co.,Ltd. on September 30, 2021. The transaction is expected to close in mid of November 2021.
Cominix Co Ltd is a Japan-based company mainly engaged in the sale of cutting tools, abrasion-resistant tools and optical products. The Company operates through four business segments. The Cutting Tools segment is engaged in the sale of cutting tools, holding tools, measuring equipment, machine tools and others for the domestic market. The Abrasion Resistant Tools segment is engaged in the sale of can-making tools and crushing blades for the domestic market. The Overseas segment is engaged in the sale of cutting tools, can-making tools, holding tools, measuring instruments, machine tools, mineral resources and others to overseas markets. The Optical Products segment is engaged in the sale of optical fibers, light source devices, optical components and others.