# Shimada Machine Tool to inherit Citizen Machinery's multi-spindle lathe business

Shimada Machine Tool Co., Ltd. will inherit the multi-spindle automatic lathe business from Citizen Machinery Co., Ltd., effective April 1, 2024, including manufacturing, repair, after-sales service and parts supply.

- Type: Acquisition
- Announced: 2023-12-15
- Where: Japan
- Status: announced
- Products: multi-spindle automatic lathes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Citizen Machinery](https://endata.com/companies/18452.md) (target)
- [Shimada Machine Tool](https://endata.com/companies/74453.md) (acquirer)

## Sources

- [smd.co.jp](https://smd.co.jp/en/news/multi-spindle-automatic-lathe-business-succession/), 2023-12-15: "We will inherit the multi-spindle automatic lathe business — including the BNA, M and other models — from Citizen Machinery Co., Ltd., effective April 1, 2024."

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