# Tsubakimoto Chain unit to acquire Central Conveyor Company

Tsubakimoto Chain Co's U.S. unit, U.S. Tsubaki Holdings, has signed an agreement to fully acquire Central Conveyor Company, LLC and its six subsidiaries, including Central Automation Holdings and Central Process Engineering. The acquisition is expected to close in mid-June 2018; the price will be decided later.

- Type: Acquisition
- Announced: 2018-04-24
- Where: United States
- Status: announced
- Products: conveyor systems, automation equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Tsubakimoto Chain Co](https://endata.com/companies/31490.md) (acquirer)
- [U.S. Tsubaki Holdings](https://endata.com/companies/31491.md) (acquirer)
- [Central Conveyor Company](https://endata.com/companies/31492.md) (target)
- [Central Automation Holdings](https://endata.com/companies/31493.md) (target)
- [Central Process Engineering](https://endata.com/companies/31494.md) (target)
- [Electrical Insights](https://endata.com/companies/31495.md) (target)
- [KCI, Incorporated](https://endata.com/companies/31496.md) (target)
- [Alka USA](https://endata.com/companies/31497.md) (target)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/tsubakimoto-chain-TYO:6371/news/brief-tsubakimoto-chain-unit-signs-agreement-to-fully-acquire-central-conveyor-company-and-its-units-019e6b41-bdf0-7195-a9c8-e2c6746caa92/), 2018-04-24: "Tsubakimoto Chain Co 6371.T Says co's unit U.S. Tsubaki Holdings, Inc signs agreement to fully acquire Central Conveyor Company, LLC and its units"

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