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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Kobe Steel raises stake in Chinese compressor maker Wuxi Compressor to 70% · Endata

◂ Announcements

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Jun 3, 2020ACQUISITIONWuxi, Jiangsu Province, China

Kobe Steel raises stake in Chinese compressor maker Wuxi Compressor to 70%

Kobe Steel has acquired an additional 25.7% stake in Wuxi Compressor from Wuxi Victor Group, raising its holding to 70% and making it a subsidiary. Wuxi Compressor makes non-standard process gas compressors in Wuxi, Jiangsu.

Status

Completed

Productsnon-standard process gas compressors

CompaniesKobe Steel acquirer Wuxi Compressor target Wuxi Victor Group partner

Sectors#Industrial Machinery

“Kobe Steel reached agreement with Wuxi Victor to acquire an additional 25.7% in Wuxi Compressor”kobelco.co.jp

1 source
kobelco.co.jpKobe Steel turns non-standard compressor affiliate in China into subsidiary | KOBE STEEL, LTD.Jun 3, 2020

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

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Miura to acquire Kobelco Compressors shares to form joint venture with Kobe Steel
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Jun 17, 2021ACQUISITIONJapan
Miura to take stake in Kobelco Compressors in joint venture with Kobe Steel
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May 17, 2021PARTNERSHIPJapan
Kobe Steel signs company split transferring standard compressor business to Kobelco Compressors
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Mar 5, 2021ACQUISITIONJapan
Miura to acquire 49% of Kobelco Compressors to form joint venture with Kobe Steel
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Mar 5, 2021INVESTMENTJapan
Kobe Steel moves standard compressor business to wholly owned subsidiary Kobelco Compressors
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