en.Wedoany.com Reported - Japan's Shibaura Machine Co., Ltd. announced on May 18 that it has acquired all equity of Moore Nanotechnology Systems, LLC (Nanotech), a US-based manufacturer of ultra-precision machine tools, through its American subsidiary for approximately $150 million.
Prior to this, Shibaura Machine had already made strategic moves in China, announcing in April this year the establishment of a new factory in Anhui and the closure of its Shanghai plant to optimize its production system. With this acquisition of the American company, Shibaura Machine is likely to further strengthen its technical center functions in North America, share resources globally, improve product development efficiency, and reduce costs. Industry insiders speculate that this will also further increase the company's market share in the global ultra-precision machining sector.
The acquired company, Nanotech, was founded in 1997 and is a globally leading designer and manufacturer of ultra-precision machine tools. Its product range covers processes such as single-point diamond turning, micro-milling, micro-grinding, and glass press molding, widely used in the production of optical components for sectors including consumer electronics, defense, aerospace, medical, and automotive. The company has delivered over 1,000 ultra-precision machine tools to more than 30 countries worldwide.
This acquisition is a key component of Shibaura Machine's medium-term management plan, "Mid-term Plan 2026." Shibaura stated that it will leverage Nanotech's sales and service network in the European and American markets to expand sales of its own ultra-precision grinding machines, while sharing resources between the two parties to improve development efficiency and reduce costs. Upon completion of the transaction, Nanotech will become an indirect wholly-owned subsidiary of Shibaura Machine.
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