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EPF and Shibaura Machine have signed a Memorandum of Understanding to establish a joint venture for sales and service of injection molding machines and automation solutions in Italy and Southern Europe. The JV will be headquartered in Casei Gerola, Italy, with Shibaura Machine holding a 60% stake and EPF Plastic 40%.
“EPF and SHIBAURA MACHINE CO., LTD. have signed a Memorandum of Understanding (MoU) to explore the establishment of a joint venture focused on expanding sales and service activities for injection molding machines and automation solutions across Italy and Southern Europe.”epf.it
Summarized from public sources; check the original articles before acting on it.