Sintokogio., Ltd. completed the acquisition of 40% stake in Laempe & Mössner Gmbh from Mössner Vermögens- und Beteiligungsgesellschaft mbH.
May 30, 2015
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Sintokogio., Ltd. (TSE:6339) entered into an equity interest purchase agreement to acquire 40% stake in Laempe & Mössner Gmbh from Mössner Vermögens- und Beteiligungsgesellschaft mbH on May 5, 2015. Laempe & Mössner Gmbh will trade under the name Laempe Moessner Sinto GmbH in the future. In period ended December 2014, Laempe & Mössner reported sales of ¥8.8 billion. Payment is scheduled to complete on May 13, 2015.
Sintokogio., Ltd. (TSE:6339) completed the acquisition of 40% stake in Laempe & Mössner Gmbh from Mössner Vermögens- und Beteiligungsgesellschaft mbH in May 2015.
Sintokogio,Ltd. is a company mainly engaged in manufacture and sale of casting, surface treatment, environment, carrier, special machine business, and other equipment and components. The Company operates in five business segments. The Casting segment offers molding machines, casting sand processing devices, granular processing equipment and components. The Surface Treatment segment offers shot blasting machines, components of surface treatment equipment, as well as shot materials and abrasive materials. The Environment segment offers dust collectors, deodorization equipment, water processing equipment and other components. The Carrier segment offers lifting devices, conveyors and conveying system. The Special Equipment segment offers inspection and measurement devices, servo-cylinders, handling robot and ceramics products. The others engages in design of machinery, information-related business and welfare businesses.