Komatsu NTC makes YIDA NIPPEI MACHINE TOOL a wholly owned subsidiary

Komatsu NTC Ltd. has acquired all holdings of YIDA Group in the joint venture YIDA NIPPEI MACHINE TOOL CORPORATION, making it a wholly owned subsidiary, and renamed it KOMATSU (DALIAN) MACHINE TOOL CORPORATION.

“Komatsu NTC Ltd. has made YIDA NIPPEI MACHNE TOOL CORPORATION a wholly owned subsidiary of our company on February 15, 2022.”ntc.komatsu

• 3 sources
• ntc.komatsuNotice of making YIDA NIPPEI MACHINE TOOL CORPORATION (China) a wholly owned subsidiary and changing the company name | News release | Komatsu NTC Ltd.Feb 22, 2022
• ntc.komatsu关于亿达日平机床有限公司（中国）变更为全资子公司及公司名称变更的通知 | 新闻发布 | 小松NTC株式会社Feb 22, 2022
• seisanzai-japan.comKomatsu NTC makes its Chinese production base a wholly owned subsidiary | Industry and Manufacturing News Archive | SEISANZAI JapanMar 4, 2022

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