Daido Metal to acquire engine parts supplier Iino Holding   [ Japan ]

Daido Metal Co., Ltd. announced that it will acquire full ownership of Iino Holding Co., Ltd. from its shareholder iSigma Business Advancement Fund II Investment LLP for JPY 10.19 billion (approximately USD 100.3 million). Iino Holding manufactures and sells engine and transmission parts for automobiles, including bending pipes, dowel pins, and numerical control cutting products. The company ha...
<Sep 27, 2016>