Sintokogio., Ltd. acquired 40% stake in Frohn Gmbh.
November 03, 2014 at 09:30 am IST
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Sintokogio., Ltd. (TSE:6339) acquired 40% stake in Frohn Gmbh on April 1, 2014. KPMG Germany, Corporate Finance Division acted as financial advisor for Frohn.
Sintokogio., Ltd. (TSE:6339) completed the acquisition of 40% stake in Frohn Gmbh on April 1, 2014.
Sintokogio,Ltd. is a company mainly engaged in manufacture and sale of casting, surface treatment, environment, carrier, special machine business, and other equipment and components. The Company operates in five business segments. The Casting segment offers molding machines, casting sand processing devices, granular processing equipment and components. The Surface Treatment segment offers shot blasting machines, components of surface treatment equipment, as well as shot materials and abrasive materials. The Environment segment offers dust collectors, deodorization equipment, water processing equipment and other components. The Carrier segment offers lifting devices, conveyors and conveying system. The Special Equipment segment offers inspection and measurement devices, servo-cylinders, handling robot and ceramics products. The others engages in design of machinery, information-related business and welfare businesses.