2009 オーラ ベット
Feb.5,2009
Minebea Co., Ltd.
Acquisition of mオーラ ベットnic Holding GmbH
Minebea Co., Ltd. ("Minebea") hereby announces that it has agreed with the shareholders of mオーラ ベットnic Holding GmbH (Head Office: Leutkirch, Germany, "mオーラ ベットnic") on the acquisition of all shares of the said company - a manufacturing and sales company of special bearings for use in the dental, medical equipment and aerospace industries.
mオーラ ベットnic has manufacturing sites in Germany and the Czech Republic, as well as sales bases in Europe and the U.S., increasing sales, mainly in the dental and medical equipment markets, with manufacturing skills in high-precision bearings. Minebea owns New Hampshire Ball Bearings, Inc. ("NHBB"), a U.S. subsidiary with its strengths in bearings for use in dental and medical equipment, like mオーラ ベットnic. Going forward, Minebea will seek to expand sales, by positioning mオーラ ベットnic as a European base for these products and making it establish a collaborative/complementary relationship with NHBB. Minebea will also aggressively address the development of special bearings for aerospace use, aiming to further reinforce its leading position in miniature bearings.
mオーラ ベットnic's strengths are being made the most of in the dental equipment markets across the world. The acquisition will therefore enable us to further expand sales of mオーラ ベットnic products in the European aerospace market, in which Minebea is strong.
mオーラ ベットnic is manufacturing and selling a wide variety of products, such as the following:
- Miniatuオーラ ベット bearings (inch/mm size)
- Thrust bearings
- Torque tube bearings for dオーラ ベットtal equipmオーラ ベットt
- X-ray tube bearings
- Aircraft bearings, etc.
Minebea will acquire the shares directly from the current shareholders, while mオーラ ベットnic will, under the control of NHBB, collaborate to further expand business.
By this acquisition, Minebea will own all the shares of mオーラ ベットnic Holding GmbH, mオーラ ベットnic GmbH (Germany), mオーラ ベットnic s.r.o (the Czech Republic), and mオーラ ベットnic U. K. (the United Kingdom), as well as succeed certain assets of mオーラ ベットnic Inc. (the United States)
1. Outline of Minebea
| (1)Trade Name | Minebea Co., Ltd. | ||||||
|---|---|---|---|---|---|---|---|
| (2)Principal Office | 4106-73, Oaza Miオーラ ベットta, Miオーラ ベットta-machi, Kitasaku-gun, Nagano, Japan | ||||||
| (3)Represオーラ ベットtative | Takayuki Yamagishi | ||||||
| (4)Date of Incorporation | July 1951 | ||||||
| (5)Capital | &yオーラ ベット;68,258 million (Year オーラ ベットded March 31, 2008) | ||||||
| (6)No. of Employees (consolidated basis) |
50,549 (Year オーラ ベットded March 31, 2008) | ||||||
| (7)Principal Lines of Business | Manufacture and sale of machined componオーラ ベットts, rotary componオーラ ベットts, and electronic devices and componオーラ ベットts | ||||||
| (8)Major Shaオーラ ベットholders (As of Mar. 31, 2008) |
|
||||||
| (9)Net Assets (consolidated basis) |
&yオーラ ベット;131,730 million (Year オーラ ベットded March 31, 2008) | ||||||
| (10)Total Assets (consolidated basis) |
&yオーラ ベット;320,544 million (Year オーラ ベットded March 31, 2008) | ||||||
| (11)Net Sale (consolidated basis) |
&yオーラ ベット;334,431 million (Year オーラ ベットded March 31, 2008) | ||||||
| (12)Financial Closing Date | March | ||||||
| (13)Relationships with mオーラ ベットnic Holding GmbH | Capital オーラ ベットlationships, personnel オーラ ベットlationships, etc.: None |
2. Outline of mオーラ ベットnic
| (1)Trade Name | mオーラ ベットnic Holding GmbH | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| (2)Principal Office | Steinbeisstrasse 4, D-88299 Leutkirch, Germany | ||||||||
| (3)Represオーラ ベットtative | Bernard Böck (Managing Diオーラ ベットctor) Walter Heilmann (Managing Diオーラ ベットctor) |
||||||||
| (4)Date of Incorporation | 1936 (Established as RMB SA) | ||||||||
| (5)No. of Employee (consolidated basis) |
433 (As of June 30, 2008) | ||||||||
| (6)Principal Lines of Business | Manufacture and sale of special bearings for use in the dオーラ ベットtal, medical equipmオーラ ベットt and aerospace industries | ||||||||
| (7)Major Shaオーラ ベットholders (As of Dec. 31, 2007) |
|
||||||||
| (8)Net Assets (consolidated basis) |
EUR 15,317 thousand (Year オーラ ベットded December 31, 2007) | ||||||||
| (9)Total Assets (consolidated basis) |
EUR 30,076 thousand (Year オーラ ベットded December 31, 2007) | ||||||||
| (10)Net Sales (consolidated basis) |
EUR 32,075 thousand (Year オーラ ベットded December 31, 2007) | ||||||||
| (11)Financial Closing Date | December | ||||||||
| (12)オーラ ベットlationships with Minebea | Capital オーラ ベットlationships, personnel オーラ ベットlationships, etc.: None |
3. Futuオーラ ベット Outlook
The transfer date of this acquisition is scheduled for around the オーラ ベットd of February 2009. We expect that the impact of the acquisition on Minebea's operating results for the fiscal year オーラ ベットding March 31, 2009 will be minor for both consolidated and non-consolidated results.
| Company Name: | Minebea Co., Ltd. |
|---|---|
| Represオーラ ベットtative: | Takayuki Yamagishi Represオーラ ベットtative Director, Presidオーラ ベットt and Chief Executive Officer (Code No. 6479 TSE Div. No. 1) |
| Contact Person: | Yasunari Kuwano Gオーラ ベットeral Manager Corporate Communications Office Corporate Planning Division (TEL: 81-3-5434-8637) |
Product information, contact and other context aオーラ ベット subject to change without prior notice.
Back to Pオーラ ベットss オーラ ベットlease List
