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31. Oct. 2014

Announcement of acquisition of Cimcorp Oy (Finland)

Murata Machinery, Ltd. (hereinafter, Muratec) acquired all of the issued stock of Cimcorp Oy of Ulvila, Finland (hereinafter, Cimcorp) from the existing shareholders on 30 October 2014 and Cimcorp and its subsidiaries have become members of the Muratec Group.

 

Muratec and Cimcorp are leading companies in their respective business fields in the material handling system industry throughout the world. Muratec is ranked as having the 4th highest annual sales in the world amongst solution providers for material handling systems, and Cimcorp is the top supplier for intralogistics in the tire industry and has unique solutions for a variety of retail and distribution customers.

 

With this acquisition, both companies will be able to offer customers the systems for which they are already well known and the full advantage of the attractive, complementary systems of both Muratec and Cimcorp. From now on, the Muratec-Cimcorp Group can truly be a one-stop-shop. Both Muratec and Cimcorp will continue business as they have done until today. Our promise is to only improve for your benefit.

 

Starting immediately, both companies will utilize possibilities to enhance service coverage utilizing the networks both companies have established globally, targeting best-in-class service performance to our customers. For the future, we aim to introduce new innovations for various manufacturing and distribution industries by integrating the experience and knowhow that both Muratec and Cimcorp have developed.

 

We are convinced that we can bring forward very compelling offers and high return for our customers’ investments.

 

< Murata Machinery, Ltd.>
Murata Machinery was established in 1935. It has expanded its fields to textile machines, machine tools, material handling systems, communication equipment, and factory automation for clean rooms, and now has 6,300 group employees and more than 1.6 billion euros annual sales (as of March, 2014).
The business unit that is the counterpart of Cimcorp, the Logistics & Automation Division, was started in 1962. It has delivered 6,000 systems to approximately 5,000 customers in various industries in over 20 countries.

Company name

Murata Machinery, Ltd.

President & CEO

Daisuke Murata

Global Headquarters

Kyoto, Japan

Established

1935

Employees

6,300 (group) (as of April, 2014)

Consolidated Sales

218 billion JPY (1.6 billion euros) (as of March, 2014)

URL

http://www.muratec.co.jp



< Cimcorp Oy>

Cimcorp was established in 1975. It has group companies in Finland and Canada, 300 group employees, and 60 million euros annual sales (estimated 2014). It has delivered systems to 40 countries, and is a recognized top-quality supplier for material handling systems in the tire industry and selected parts in distribution industries such as food, postal and e-commerce.

Company name

Cimcorp Oy

President

Martti Artama

Global Headquarters

Ulvila, Finland

Established

1975

Employees

273 (as of September, 2014)

Sales

60 million euros (estimated 2014)

URL

http://www.cimcorp.com/

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