Yaskawa Electric to fully acquire Yaskawa Siemens Automation Drive joint venture

Yaskawa Electric Corporation signed a share transfer agreement on July 12, 2018 to acquire all shares held by Siemens in the joint venture Yaskawa Siemens Automation Drive (YSAD), making it a wholly owned subsidiary effective November 1, 2018. The new company will be named Yaskawa Automation Drive (YAD).

“YSADを子会社化することといたしました。”automation-news.jp

• 2 sources
• automation-news.jp安川電機、安川シーメンス オートメーション・ドライブの完全子会社化を発表 | オートメーション新聞WEB／AutomationNewsJul 12, 2018
• yaskawa-global.comYaskawa to acquire 100% ownership of Yaskawa Siemens Automation & Drives Corp. | Category: News | Yaskawa Global SiteAug 8, 2018

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