# Hitachi Industrial Equipment Systems to acquire KEC Corporation

Hitachi Industrial Equipment Systems entered into an agreement to acquire 100% of KEC Corporation, a robotic system integrator specializing in production line automation for the automobile industry, from Tokio Marine Capital. The acquisition is expected to close by end of April 2019.

- Type: Acquisition
- Announced: 2019-03-22
- Where: Japan
- Status: announced
- Products: robotic system integration, production line automation
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hitachi Industrial Equipment Systems](https://endata.com/companies/5372.md) (acquirer)
- [KEC Corporation](https://endata.com/companies/38159.md) (target)
- [Tokio Marine Capital](https://endata.com/companies/38160.md) (partner)

## Sources

- [hitachi.com](https://www.hitachi.com/en/press/articles/2019/03/0322/), 2019-03-22: "Hitachi Industrial Equipment Systems and Tokio Marine Capital will proceed with the contracting process based on the Agreement to complete the acquisition by the end of April 2019."

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