The latest announcement is out from Shibaura Machine Co., Ltd. ( (JP:6104) ).
Shibaura Machine Co., Ltd. has announced the acquisition of Functional Fluids Ltd., a company specializing in mold cooling systems, to become a wholly owned subsidiary. This acquisition is expected to enhance Shibaura’s product offerings by integrating Functional Fluids’ technology, thereby improving productivity and reducing energy consumption, which aligns with global sustainability goals.
More about Shibaura Machine Co., Ltd.
Shibaura Machine Co., Ltd. operates in the manufacturing industry, primarily focusing on producing machinery such as injection molding machines and die-casting machines. The company aims to enhance productivity and energy efficiency, contributing to sustainable development goals.
YTD Price Performance: 9.26%
Average Trading Volume: 154
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €519.1M
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