# Kobe Steel signs company split transferring standard compressor business to Kobelco Compressors

Kobe Steel concluded an absorption-type company split agreement transferring its standard compressor business to its wholly owned subsidiary Kobelco Compressors, with effect planned for July 1, 2021. A planned capital and business alliance with Miura, creating a joint venture, is still being finalized.

- Type: Partnership
- Announced: 2021-05-17
- Where: Japan
- Status: announced
- Products: standard compressors, air compressors, heat pumps, refrigeration machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kobe Steel](https://endata.com/companies/6583.md)
- [Kobelco Compressors](https://endata.com/companies/7706.md) (partner)
- [Miura](https://endata.com/companies/7707.md) (partner)

## Sources

- [kobelco.co.jp](https://www.kobelco.co.jp/english/releases/1209178_15581.html), 2021-05-17: "Kobe Steel, Ltd. announces that it has concluded today an absorption-type company split agreement concerning the absorption-type company split to succeed its standard compressor business"
- [kobelco.co.jp](https://www.kobelco.co.jp/releases/1209174_15541.html), 2021-05-17: "本日、本吸収分割に関する吸収分割契約を締結いたしましたので、下記のとおりお知らせいたします。"

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