# Toptech CNC proposes to acquire over 70% of precision machine tool maker

Toptech CNC signed a non-binding letter of intent on October 20, 2026, to acquire more than 70% of a precision machine tool manufacturer specializing in multi-axis CNC and five-axis direct-drive machines. The target company's products are used for AI liquid cooling plates, humanoid robot joints, and new energy vehicle parts.

- Type: Acquisition
- Announced: 2026-10-20
- Where: China
- Status: announced
- Products: CNC machine tools, five-axis machines, AI liquid cooling plates, humanoid robot joints
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Toptech CNC](https://endata.com/companies/94665.md) (acquirer)

## Sources

- [gate.com](https://www.gate.com/fr/news/detail/toptech-cnc-proposes-to-acquire-over-70-stake-in-precision-machine-tool-25081724), 2026-10-20: "Selon une annonce de Toptech CNC du 20 octobre, l'entreprise a signé une lettre d'intention non contraignante visant l'acquisition de plus de 70 % du capital d'un fabricant de machines-outils de précision."

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