# MISUMI Group to acquire stake in Punch Industry via capital and business alliance

MISUMI Group resolved to enter a capital and business alliance with Punch Industry and subscribe to a third-party allotment of new shares to acquire shares of Punch Group.

- Type: Acquisition
- Announced: 2024-10-07
- Where: Japan
- Status: announced
- Products: automation equipment, die and mold components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Misumi](https://endata.com/companies/41586.md) (acquirer)
- [Punch Industry](https://endata.com/companies/80262.md) (target)

## Sources

- [misumi.co.jp](https://www.misumi.co.jp/english/news_241007), 2024-10-07: "MISUMI Group provides its customers in the industrial automation (IA) industry with 'reliable, quick delivery' and 'reduction of customer’s wasted work and tasks' to create 'time value' for automation and labor savings."

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