# Quaser Machine Tools to acquire Winbro Group for $63.5 million

Quaser Machine Tools (百德機械) announced it will acquire 100% of the US-based Winbro Group for $63.5 million, including its US and UK subsidiaries. The acquisition is expected to close in the fourth quarter of 2019 and will help Quaser enter the aerospace and energy sectors.

- Type: Acquisition
- Announced: 2019-06-27
- Where: United States
- Value: $63.5M
- Status: announced
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Quaser Machine Tools](https://endata.com/companies/40305.md) (acquirer)
- [Winbro Group](https://endata.com/companies/40306.md) (target)

## Sources

- [chinatimes.com](https://www.chinatimes.com/newspapers/20190628000376-260511), 2019-06-27: "百德機械（4563）27日董事會通過，斥資6,350萬美元，收購美國Winbro工具機集團100％股權，預計第四季完成交割。"

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