Hitachi Metals to acquire full ownership of Hitachi Metals MMC Superalloy from Mitsubishi Materials

Hitachi Metals, Ltd. announced it will acquire all shares of its subsidiary Hitachi Metals MMC Superalloy, Ltd. held by Mitsubishi Materials Corporation, making it a wholly-owned subsidiary. The share transfer is scheduled for October 2, 2017, to strengthen the aircraft and energy materials business.

“The purpose of the acquisition is to strengthen the aircraft and energy materials business.”proterial.com

• 2 sources
• proterial.comNotice Concerning Consolidation of Hitachi Metals MMC Superalloy, Ltd., as Wholly-owned Subsidiary | Proterial, Ltd.Sep 27, 2017
• marketscreener.comHitachi Metals, Ltd. completed the acquisition of remaining 49% stake in MMC Superalloy Corporation from Mitsubishi Materials Corporation. | MarketScreenerS&P Capital IQOct 1, 2017

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