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Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Oct 1, 2019ACQUISITIONCoventry, United Kingdom

Hiwin Corporation acquires Matrix Machine Tool

Taiwan's Hiwin Corporation has acquired UK thread grinding machine builder Matrix Machine Tool. The acquisition has brought new investment, additional employment, and a move to a new 54,000 ft² factory in Coventry, UK, in October 2019.

Status

Completed

Productsexternal and internal thread grinding machinesCNC gear grinding and cutting machines

CompaniesHiwin Corporation acquirer Matrix Machine Tool target

Sectors#Industrial Machinery

“You could say they liked the product so much they bought the company.”pesmedia.com

1 source
pesmedia.comWelcome to the matrix…Ed HillMar 6, 2020

Summarized from public sources; check the original articles before acting on it.

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