# MinebeaMitsumi and DBJ acquire C&A Tool Engineering

MinebeaMitsumi and the Development Bank of Japan agreed to acquire all shares of C&A Tool Engineering, a precision machinery metal processing manufacturer in Indiana, with MinebeaMitsumi holding 51% and DBJ 49%.

- Type: Acquisition
- Announced: 2017-08-10
- Where: Churubusco, Indiana, United States
- Value: $42.0M (4.63B JPY)
- Status: announced
- Products: precision machined metal components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [MinebeaMitsumi](https://endata.com/companies/760.md) (acquirer)
- [Development Bank of Japan](https://endata.com/companies/17501.md) (investor)
- [C&A Tool Engineering](https://endata.com/companies/17502.md) (target)
- [New Hampshire Ball Bearings Inc.](https://endata.com/companies/17527.md) (acquirer)

## Sources

- [dbj.jp](https://www.dbj.jp/topics/dbj_news/2017/html/0000028021.html), 2017-08-10: "MINEBEBA MITSUMI Inc. hereby announces that MinebeaMitsumi, in coordination with the Development Bank of Japan, has agreed with the shareholders of C&A Tool Engineering, Inc. to acquire all shares of C&A."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1034983/000094787117000628/ss54824_ex9901.htm), 2017-08-10: "MINEBEBA MITSUMI Inc. hereby announces that MinebeaMitsumi, in coordination with the Development Bank of Japan, has agreed with the shareholders of C&A Tool Engineering, Inc. to acquire all shares of C&A."
- [indianaeconomicdigest.net](https://indianaeconomicdigest.net/MobileContent/Most-Recent/Company-News/Article/C-A-Tool-in-Churubusco-to-get-new-owner/31/64/89131), 2017-08-19: "In a joint investment with the Development Bank of Japan, the acquiring company will purchase all of C&A’s shares."
- [truenorthcp.com](https://truenorthcp.com/2017/09/01/truenorth-advises-minebeamitsumi-on-its-acquisition-of-ca-tool/), 2017-09-01: "MinebeaMitsumi’s acquisition of C&A will allow them to increase their footprint by expanding further into the aerospace and medical markets while simultaneously boosting their machined components business."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1034983/000094787117000710/ss58435_ex9901.htm), 2017-09-11: "MinebeaMitsumi and the Development Bank of Japan ("DBJ") have jointly completed the acquisition of all shares of C&A Tool Engineering, Inc. ("C&A") as of September 11, 2017."
- [nhbb.com](https://www.nhbb.com/news/nhbbs-parent-company-acquires-ca-tool-engineering-inc), 2017-09-20: "MinebeaMitsumi Inc. has closed on the previously announced acquisition of C&A Tool Engineering, Inc."
- [irbank.net](https://irbank.net/E01607/combination?f=S100DHGG), 2018-06-28: "C&A is a US company with three factories in Indiana, and by collaborating with their core business and precision metal machining technology not available in our group, the following synergies are expected."

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