# Nihon Spindle acquires Leifeld Metal Spinning

Nihon Spindle, a subsidiary of Sumitomo Heavy Industries, acquired German machine tool manufacturer Leifeld Metal Spinning. The transaction was completed on 29 May 2020. The purchase price was not disclosed.

- Type: Acquisition
- Announced: 2020-05-29
- Where: Ahlen, Germany
- Status: completed
- Products: machine tools for chipless metal forming
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sumitomo Heavy Industries](https://endata.com/companies/1271.md) (investor)
- [Sumitomo Heavy Industries](https://endata.com/companies/1271.md) (partner)
- [Nihon Spindle Manufacturing Co., Ltd.](https://endata.com/companies/47544.md) (acquirer)
- [Leifeld Metal Spinning AG](https://endata.com/companies/47545.md) (target)
- [Nihon Spindle](https://endata.com/companies/47638.md) (acquirer)

## Sources

- [gleisslutz.com](https://www.gleisslutz.com/en/mandates-firm-news/gleiss-lutz-advises-nihon-spindle-its-acquisition-leifeld-metal-spinning), 2020-06-02: "The transaction was completed on 29 May 2020."
- [machinery-market.co.uk](https://www.machinery-market.co.uk/news/27339/Leifeld-joins-Nihon-Spindle-Manufacturing-Group), 2020-06-23: "On 29 May, Nihon Spindle Manufacturing acquired all the shares of Leifeld Metal Spinning, which had been owned by the investor Georg Kofler."

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