# Kobe Steel to transfer shares of Kobelco & Materials Copper Tube

Kobe Steel announced its Board of Directors approved the share transfer of Kobelco & Materials Copper Tube Co., Ltd. to CTJ Holdings 2 LLC, which will combine it with another company in the same field.

- Type: Acquisition
- Announced: 2019-09-27
- Where: Japan
- Status: announced
- Products: copper tubes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Kobe Steel](https://endata.com/companies/6583.md)
- [Kobelco & Materials Copper Tube Co., Ltd.](https://endata.com/companies/42361.md) (target)
- [CTJ Holdings 2 LLC](https://endata.com/companies/42362.md) (acquirer)
- [Shinko Fab Tech, Ltd.](https://endata.com/companies/42363.md) (target)

## Sources

- [kobelco.co.jp](https://www.kobelco.co.jp/english/releases/1202070_15581.html), 2019-09-27: "To further grow the business, Kobe Steel will transfer shares in KMTC to CTJ Holdings2 LLC, which will combine KMCT with another company in the same field."

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