# Kobe Steel to acquire remaining 56.52% stake in Kobelco Wire for ¥6.1 billion

Kobe Steel entered into a share exchange agreement to acquire the remaining 56.52% stake in Kobelco Wire Company for ¥6.1 billion, taking full ownership.

- Type: Acquisition
- Announced: 2026-05-11
- Where: Japan
- Value: $42.0M (6.10B JPY)
- Status: announced
- Products: wire products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Kobe Steel](https://endata.com/companies/6583.md)
- [Kobe Steel](https://endata.com/companies/6583.md) (acquirer)
- [Nippon Light Metal Company](https://endata.com/companies/44907.md) (partner)
- [Kobelco Wire Company](https://endata.com/companies/75030.md) (target)
- [Nikkeikin Act](https://endata.com/companies/92463.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/kobe-steel-ltd-entered-into-a-share-exchange-agreement-to-acquire-remaining-56-52-stake-in-kobelc-ce7f5bd9d98ef123), 2026-05-11: "Kobe Steel, Ltd. entered into a share exchange agreement to acquire remaining 56.52% stake in Kobelco Wire Company, Ltd."
- [reuters.com](https://www.reuters.com/jp/markets/world-indices/HUAWZTWUPFIQ3OW4PJ6QERHXCA-2026-06-15/), 2026-06-15: "神戸製鋼所と日本軽金属ホールディングスは１５日、２０２７年４月以降をめどに両社の国内アルミ押出事業の統合で基本合意したと発表した。"
- [sankei.com](https://www.sankei.com/article/20260615-4J36UJQDMZIEVDXGWGSQ6FRQS4/), 2026-06-15: "神戸製鋼所と日本軽金属ホールディングスは15日、両社のアルミ押出事業を統合すると発表した。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.