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Dec 16, 2016ACQUISITIONGermany Harmonic Drive Systems and Innovation Network of Japan to acquire 63.2% of Harmonic Drive AG for €260M
Harmonic Drive Systems and Innovation Network Corporation of Japan agreed to acquire the remaining 63.2% stake in Harmonic Drive AG, in a 60/40 split, for approximately €260 million. The deal is pending regulatory approval.
Value
$275.0M (260.0M EUR)
Productsprecision gear reducersharmonic drives
“Harmonic Drive Systems and Innovation Network Corporation of Japan will acquire 63.2% stake in Harmonic Drive AG in the ratio of 60% and 40% respectively.”hk.marketscreener.com
- 1 source
- hk.marketscreener.comHarmonic Drive Systems Inc. and Innovation Network Corporation of Japan signed an agreement to acquire remaining 63.2% stake in Harmonic Drive AG for approximately €260 million.Dec 15, 2016
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