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Kobe Steel acquires Quintus Technologies for US$115 million · Endata

◂ Announcements

Apr 13, 2017ACQUISITIONVästerås, Sweden, Sweden

Kobe Steel acquires Quintus Technologies for US$115 million

Kobe Steel acquired Swedish isostatic press manufacturer Quintus Technologies AB from private shareholders led by Milestone Partners for US$115 million. Quintus becomes a wholly owned subsidiary of Kobe Steel.

Value

$115.0M

Status

Completed

Productsisostatic pressessheet metal forming equipment

CompaniesKobe Steel acquirer Quintus Technologies target Milestone Partners investor

Sectors#Industrial Machinery

“The acquisition of Quintus enables Kobe Steel to broaden its lineup of IP products and enter new growth markets.”kobelco.co.jp

2 sources
kobelco.co.jpKobe Steel acquires Swedish isostatic press manufacturer Quintus Technologies | KOBE STEEL, LTD.Apr 13, 2017
reuters.comJapan's Kobe Steel buys Sweden's Quintus Technologies for $115 mlnApr 13, 2017

Summarized from public sources; check the original articles before acting on it.

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