Musashi Seimitsu Industry Co., Ltd. announced that it has signed an agreement with The Gores Group to acquire full ownership of Hay Holding GmbH, a holding company of the Hay Group, effective June 30, 2016. The transaction amount is EUR 361 million. The Hay Group, headquartered in Germany, has eight forging and machining plants in three European countries, Germany, Hungary, and Spain, and produ...