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Stanley Electric Co., Ltd. completed the acquisition of Iwasaki Electric Co., Ltd. from Lux Holdings, L.P. and others for ¥70.3 billion on April 23, 2026. Iwasaki Electric will operate as a consolidated subsidiary.
Stanley Electric has resolved to acquire all shares of Iwasaki Electric for JPY 70.292 billion, making it a consolidated subsidiary effective April 1, 2026. The acquisition aims to strengthen Stanley Electric's electronics business in public infrastructure and industrial fields.