Japan’s Shibaura Machine has entered into an MoU to acquire an 80% stake in LWB Steinl GmbH to expand its market to Europe. LWB Steinl’s facility in Altdorf, Germany, will serve as Shibaura’s European headquarters and production hub following the acquisition. Terms of the…
The post Japanese machine maker expands to Europe with majority stake in LWB appeared first on Rubber Journal Asia -News on Rubber machinery , Manufacturers , Rubber chemical producers and Rubber processors.