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An update from Misumi Group ( (JP:9962) ) is now available.
MISUMI Group Inc. has announced the acquisition of Fictiv Inc., a company specializing in on-demand procurement services for custom mechanical components, for $350 million. This acquisition aims to enhance MISUMI’s digital services and expand its customer base, leveraging Fictiv’s strengths to create synergies and drive sustainable growth in the Industrial Automation sector.
More about Misumi Group
MISUMI Group Inc. operates in the Industrial Automation industry, providing manufacturing and distribution services with a focus on eliminating inefficiencies and enhancing customer value. Their primary products include on-demand procurement services like meviy, which offers quick delivery of custom mechanical components.
YTD Price Performance: 9.52%
Average Trading Volume: 300
Technical Sentiment Signal: Hold
Current Market Cap: $4.33B
Find detailed analytics on 9962 stock on TipRanks’ Stock Analysis page.