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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Jack Sewing Machine acquires 80% stake in Vi.Be.Mac. · Endata

◂ Announcements

Oct 22, 2018ACQUISITIONSan Giovanni Lupatoto, Verona, Italy

Jack Sewing Machine acquires 80% stake in Vi.Be.Mac.

Jack Sewing Machine Co. Ltd. acquired 80% of Vibemac shares through a joint venture. Vibemac China will be created for the Chinese market.

Status

Completed

Productsindustrial automatic sewing machines

CompaniesJack Sewing Machine Co. acquirer Vi.Be.Mac. target

Sectors#Industrial Machinery

“As per the JV 80% of the Vibemac shares have been transferred to Jack.”perfectsourcing.net

1 source
perfectsourcing.netJack Sewing Machine Co. Ltd. enters into JV with Vi.Be.Mac. S.p.A. - Perfect Sourcing — Latest Fashion, Apparel, Textile and Technology NewsPerfect Sourcing NewsdeskOct 22, 2018

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

More from Jack Sewing Machine Co.

Jul 4, 2018ACQUISITIONSan Giovanni Lupatoto, Verona, Italy$27.0M
Jack Sewing Machine acquires 80% stake in Vi.Be.Mac.
Jack Sewing Machine Co. acquirer Vi.Be.Mac. target veronaeconomia.it
Feb 7, 2018ACQUISITIONItaly$28.6M
Jack Sewing Machine to acquire Italian industrial sewing machine makers for EUR23.2M
Jack Sewing Machine Co. acquirer Finver SPA target yicaiglobal.com

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