Freund Corporation (JASDAQ:6312) acquired Cos.Mec Srl from Angelo Lamanna for ¥1.2 billion on November 5, 2020. Upon completion, Freund will hold 100% stake in Cos.Mec. Cos.Mec reported total assets of ¥1.4 billion, net assets of ¥236 million, revenues of ¥1.2 billion and operating profit of ¥77 million in the year ending on December 2019. Freund Corporation (JASDAQ:6312) completed the acquisition of Cos.Mec Srl from Angelo Lamanna on November 5, 2020.