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Okuma Europe GmbH acquired 100% of Dutch sales partner Gelderblom CNC Machines B.V., which will operate as Okuma Benelux B.V. from Houten, Netherlands. The deal includes all 40 employees.
Okuma Europe and Hommel Holding signed a purchase agreement for Okuma Europe to acquire Hommel CNC Technik GmbH (HCT), its long-standing German sales partner. The acquisition is subject to antitrust approval and will take effect September 1, 2019. HCT's over 100 employees will be taken over.