# Nippon Thompson acquires 75% of UBC Precision Bearing Manufacturing

Nippon Thompson Co., Ltd. resolved on October 17, 2016 to acquire 75% equity of UBC (Shanghai) Precision Bearing Manufacturing Co., Ltd and its subsidiary UBC (Suzhou) Bearing Co., Ltd.

- Type: Acquisition
- Announced: 2016-10-17
- Where: Shanghai and Suzhou, China, China
- Status: announced
- Products: precision bearings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nippon Thompson](https://endata.com/companies/19619.md) (acquirer)
- [UBC (Shanghai) Precision Bearing Manufacturing](https://endata.com/companies/19620.md) (target)
- [UBC (Suzhou) Bearing](https://endata.com/companies/19621.md) (target)

## Sources

- [bearing-news.com](https://www.bearing-news.com/nippon-thompson-iko-acquires-75-ubc/), 2016-11-09: "Nippon Thompson Co., Ltd. Announces that the Board Member of the Company resolved on October 17, 2016 that the Company acquires the equity of UBC (Shanghai) Precision Bearing Manufacturing Co., Ltd"
- [in.bearing-news.com](https://in.bearing-news.com/nippon-thompson-iko-acquires-75-ubc/), 2016-11-09: "Nippon Thompson Co., Ltd. Announces that the Board Member of the Company resolved on October 17, 2016 that the Company acquires the equity of UBC (Shanghai) Precision Bearing Manufacturing Co., Ltd"

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