# DMG Mori to acquire Kuraki from Kurabo Industries for 4.5 billion yen

Kurabo Industries agreed to sell its machine tool subsidiary Kuraki to DMG Mori Seiki for 4.5 billion yen.

- Type: Acquisition
- Announced: 2023-06-09
- Where: Japan
- Value: $31.5M (4.50B JPY)
- Status: announced
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [DMG Mori Seiki](https://endata.com/companies/18443.md) (acquirer)
- [Kurabo Industries](https://endata.com/companies/70757.md) (partner)
- [Kuraki](https://endata.com/companies/70758.md) (target)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/dmg-mori-TYO:6141/news/brief-kurabo-industries-to-sell-machine-tool-subsidiary-kuraki-to-dmg-mori-for-4-5-billion-yen-019e6d53-2df8-74be-a6fb-152b4d7d70f5/), 2023-06-09: "Kurabo Industries - to sell machine tool subsidiary Kuraki to DMG Mori Seiki for 4.5 billion yen."

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