# DMG Mori to fully acquire Taiyo Koki via tender offer at ¥1,700 per share

DMG Mori announced a tender offer to acquire all remaining shares of its listed subsidiary Taiyo Koki, a grinding machine manufacturer, at ¥1,700 per share. The decision was made on November 1, 2024.

- Type: Acquisition
- Announced: 2024-11-01
- Where: Nagaoka, Niigata, Japan
- Status: announced
- Products: grinding machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [DMG MORI](https://endata.com/companies/7538.md) (acquirer)
- [Taiyo Koki](https://endata.com/companies/66151.md) (target)

## Sources

- [platinumpartners.jp](https://www.platinumpartners.jp/manews-20241101-dmgmori-taiyo-koki.html), 2024-11-01: "工作機械のDMG森精機は2024年11月1日、取締役会において、東証スタンダード市場に上場する連結子会社の株式会社太陽工機を完全子会社化することを目的とした公開買付けを実施することを決議したと公表しました。"

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