Nihon Spindle Manufacturing Co., Ltd.

Nihon Spindle, a subsidiary of Sumitomo Heavy Industries, acquired German machine tool manufacturer Leifeld Metal Spinning. The transaction was completed on 29 May 2020. The purchase price was not disclosed.

Nihon Spindle Manufacturing Co., Ltd., a subsidiary of Sumitomo Heavy Industries, acquired the shares of Leifeld Metal Spinning AG, a German metal spinning company.