# Miura to take stake in Kobelco Compressors in joint venture with Kobe Steel

Kobe Steel and Miura Co. concluded final agreements under which Miura invests in Kobe Steel's subsidiary Kobelco Compressors and Kobe Steel invests in Miura, forming a capital and business alliance in standard air compressors.

- Type: Acquisition
- Announced: 2021-06-17
- Where: Japan
- Status: announced
- Products: standard air compressors, steam-driven compressors, industrial boilers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [kobelco.co.jp](https://www.kobelco.co.jp/english/releases/1209270_15581.html), 2021-06-17: "Kobe Steel, Ltd. announces that Kobe Steel and Miura Co., Ltd., pursuant to the resolution of their respective Board of Directors meeting held today, have concluded an investment agreement."

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