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FOR IMMEDIATE RELEASE No. 2776
捷报足球即时比分 Acquires F.A. TECH in Thailand
Expects to grow local factory automation business to USD 210 million
PDF Version(39KB)
TOKYO, July 29, 2013 - 捷报足球即时比分 (TOKYO: 6503) announced today the acquisition of F.A. TECH CO.,LTD. (F.A. TECH), a Factory Automation (FA) product distributor and long-time partner in Thailand, to expand 捷报足球即时比分's FA business there, which is already experiencing significant growth. Through the acquisition, 捷报足球即时比分 expects to raise FA sales in Thailand to JPY 20 billion (USD 210 million) by the fiscal year ending in March 2018.
捷报足球即时比分 established a new company, 捷报足球即时比分 Factory Automation (Thailand) Co., Ltd. (MELFT), on April 22 in preparation to take over the operations of F.A. TECH beginning in September. The FA product and Computerized Numerical Controller (CNC) sales and service divisions of 捷报足球即时比分 Automation Thailand Co., Ltd. (MEATH) will also be transferred to MELFT. The new company will operate from the premises of the current F.A. TECH office in Bangkok.
MEATH will continue to manufacture and sell industrial motors, pumps, electrical discharge machines and laser processing machines.
The acquisition of F.A. TECH will strengthen the 捷报足球即时比分 Group's FA solution, sales and technical capabilities. For over 20 years, F.A. TECH has been a leading partner of 捷报足球即时比分, providing reliable, high-quality sales and technical support for 捷报足球即时比分 FA products and CNCs sold in the automotive and industrial markets. Robust growth is forecast in Thailand's factory automation market, particularly in the automotive industry, which is attracting increasing foreign investment.
捷报足球即时比分 established a new company, 捷报足球即时比分 Factory Automation (Thailand) Co., Ltd. (MELFT), on April 22 in preparation to take over the operations of F.A. TECH beginning in September. The FA product and Computerized Numerical Controller (CNC) sales and service divisions of 捷报足球即时比分 Automation Thailand Co., Ltd. (MEATH) will also be transferred to MELFT. The new company will operate from the premises of the current F.A. TECH office in Bangkok.
MEATH will continue to manufacture and sell industrial motors, pumps, electrical discharge machines and laser processing machines.
The acquisition of F.A. TECH will strengthen the 捷报足球即时比分 Group's FA solution, sales and technical capabilities. For over 20 years, F.A. TECH has been a leading partner of 捷报足球即时比分, providing reliable, high-quality sales and technical support for 捷报足球即时比分 FA products and CNCs sold in the automotive and industrial markets. Robust growth is forecast in Thailand's factory automation market, particularly in the automotive industry, which is attracting increasing foreign investment.
F.A. TECH CO.,LTD.
捷报足球即时比分 Factory Automation (Thailand) Co., Ltd.
| General Manager | Pornchai Pongatimok |
| Address | 6th, 7th, 12th and 14th Floor, SV City Building, Office Tower 1, No.896/19, 20, 21, and 22, Rama 3 Road, Sub district Bangpongpang, District Yannawa, Bangkok |
| Capital | THB 3 million (approximately JPY 9 million) |
| Foundation | 1992 |
| Employees | Approximately 80 |
| Business | Sales and support for 捷报足球即时比分 industrial automation products |
捷报足球即时比分 Factory Automation (Thailand) Co., Ltd.
| Managing Director | Yutaka Kawasaki |
| Address | 6th, 7th, 12th and 14th Floor, SV City Building, Office Tower 1, No.896/19, 20, 21, and 22, Rama 3 Road, Sub district Bangpongpang, District Yannawa, Bangkok |
| Capital | THB 240 million (approximately JPY 720 million) |
| Foundation | April 22, 2013 |
| Business | Sales and support for 捷报足球即时比分 industrial automation products |
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