KIM Co., Ltd. acquired 29.6% in Kikuchi Seisakusho Co., Ltd. from Isao Kikuchi and Miyo Kikuchi.
December 10, 2012 at 12:00 am EST
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KIM Co., Ltd. acquired 29.6% in Kikuchi Seisakusho Co., Ltd. (JASDAQ:3444) from Isao Kikuchi and Miyo Kikuchi on December 10, 2012. Under the terms, KIM Co., Ltd. acquired approximately 1.1 million shares. Isao Kikuchi sold 0.6 million shares representing 16.24% stake and Miyo Kikuchi sold 0.5 million shares representing 13.4% stake. Post acquisition, Isao Kikuchi will have 16.64% stake.
KIM Co., Ltd. completed the acquisition of 29.62% in Kikuchi Seisakusho Co., Ltd. (JASDAQ:3444) from Isao Kikuchi and Miyo Kikuchi on December 10, 2012.
KIKUCHI SEISAKUSHO CO., LTD. is mainly engaged in the design and production of molds, the manufacture of prototyping products and high-volume production products, die manufacturing and precision sheet metal processing. The Companyâs products are divided into four categories. The Prototype and Mold Product involves in the design and manufacture of prototype products and molds for precision electronic devices, office equipment and automobile parts manufacturers. The High-volume Production Product involves in the manufacture of exterior and interior mechanical parts for mobile phones, watches and digital cameras. The Robots / devices and others develop nursing care, including wearable muscular strength aid muscle suit, as well as various robots including industrial robots, drones, walking support robots and the like. The Other / Gamma Camera related product sells healthcare related equipment such as oxygen concentrator and blood oxygen concentration measuring instrument.