SMEC signed MOU for acquisition of Hyundai Wia's Machine Tool Division
SMEC expects to solidify its position as one of the top two companies in the machine tool market. SMEC expands its business from semiconductors and IT to automobile to maximize synergy. LOS ANGELES, Oct. 10, 2024 /PRNewswire/ -- SMEC Co., Ltd (099440), a machine tool and robot automation solution company, announced on October 10th that it has signed a Memorandum of Understanding (MOU) for the acquisition of Hyundai Wia's Machine Tool Division. The estimated acquisition cost is about 34
Oct. 10, 2024