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Sumida Corporation's European subsidiary, VOGT electronic Miesau GmbH, will acquire 80% of Schmidbauer Transformatoren- und Gerätebau GmbH, a specialist in large-scale coil products for industrial sectors. The acquisition aims to expand Sumida's market presence in high-power applications.
“Sumida Corporation’s European subsidiary, VOGT electronic Miesau GmbH, is set to acquire 80% of Schmidbauer Transformatoren- und Gerätebau GmbH.”tipranks.com
Summarized from public sources; check the original articles before acting on it.