Shibaura Machine Completes Acquisition of Functional Fluids Ltd.

Shibaura Machine Co., Ltd. ( (JP:6104) ) has issued an announcement.

Shibaura Machine Co., Ltd. has completed the acquisition of Functional Fluids Ltd., a company specializing in manufacturing and sales of cooling systems, anti-rusting chemicals, and production optimization devices. This acquisition is expected to have a minimal impact on Shibaura’s business results for the current term, with further financial forecasts to be disclosed later.

More about Shibaura Machine Co., Ltd.

Shibaura Machine Co., Ltd. operates in the manufacturing industry, focusing on producing machinery and equipment. The company is known for its expertise in machine tools, injection molding machines, and die-casting machines, catering to various industrial sectors.

YTD Price Performance: 3.72%

Average Trading Volume: 92

Technical Sentiment Signal: Strong Sell

Current Market Cap: €492.2M

For detailed information about 6104 stock, go to TipRanks’ Stock Analysis page.