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Shibaura Machine is considering integrating its die casting machinery business with EPF Elettrotecnica into a joint venture named SME, with Shibaura holding 60% and EPF 40%. A memorandum was signed on July 2, 2026, with final agreements planned for the second half of 2026.
“To strengthen the profitability base of the die casting machinery business in Southern Europe, considering the integration of SME and SME joint venture with EPF Elettrotecnica.”japanir.jp
Summarized from public sources; check the original articles before acting on it.