# 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.

- Type: Acquisition
- Announced: 2022-02-22
- Where: Dalian, Liaoning, China
- Status: completed
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Komatsu NTC](https://endata.com/companies/61182.md) (acquirer)
- [YIDA Group](https://endata.com/companies/61183.md) (partner)
- [YIDA Group](https://endata.com/companies/61183.md) (target)
- [KOMATSU (DALIAN) MACHINE TOOL](https://endata.com/companies/61184.md) (target)

## Sources

- [ntc.komatsu](https://ntc.komatsu/en/news/2022/20220222), 2022-02-22: "Komatsu NTC Ltd. has made YIDA NIPPEI MACHNE TOOL CORPORATION a wholly owned subsidiary of our company on February 15, 2022."
- [ntc.komatsu](https://ntc.komatsu/ch/news/2022/20220222), 2022-02-22: "经与合资方亿达公司反复协商，双方同意解除该公司的合资关系，于2022年2月15日收购亿达公司持有的全部股权，使其成为本公司的全资子公司。"
- [seisanzai-japan.com](https://seisanzai-japan.com/article/p3226/), 2022-03-04: "Komatsu NTC has made YIDA NIPPEI MACHNE TOOL a wholly owned subsidiary of its company on February 15, 2022, to strengthen its business strategy in China."

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