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August 15, 2020

LEIFELD METAL SPINNING JOINS NIHON SPINDLE MANUFACTURING GROUP

With effect from May 29th, 2020, Nihon Spindle Manufacturing Co., Ltd. has acquired all the shares of Leifeld Metal Spinning AG. The previous owner is the investor Dr. Georg Kofler. He had been in talks about a possible acquisition with Nihon Spindle, a subsidiary of the Japanese conglomerate Sumitomo Heavy Industries Group, since the beginning of last year. The closing has now taken place, after both parties signed the share purchase agreement in October 2019.