Asia
Mabuchi Motor to Acquire Food Machinery Maker MASDAC for 15.5 Billion Yen
Small electric motors maker Mabuchi Motor (TYO:6592) has agreed to acquire shares of MASDAC, a food machinery and food manufacturing specialist, from BCM-V Investment for 15.5 billion yen.The acquisition, with a share transfer scheduled for mid-June, aligns with Mabuchi's expansion into machinery, mobility, and medical fields through motion solutions, according to a Thursday Tokyo bourse filing.MASDAC holds over 90% domestic market share for its flagship dorayaki machine, and has a food production business known for products such as Tokyo Banana.
TYO:6592