TOKYO and HONG KONG – Saki Corporation, a Japan-based provider of automatic optical inspection machines, has signed a Sale and Purchase (S&P) Agreement with Schmidt Electronics Group Ltd. In the agreement, Saki will acquire an undisclosed percentage of Schmidt’s subsidiary, MacroScience Technology Ltd. (MSTL).
 

A specific timeframe has not been given, but Saki will gradually acquire a majority interest in MSTL, while Schmidt retains a minority interest. In addition, Saki will assume management of MSTL operations. 
 
“MSTL will now be able to capitalize on the worldwide sales and marketing network of Saki Corporation to further increase its market presence and penetration. On the other hand, the valuable human and knowledge assets of MSTL will play an important part in Saki’s future business growth,” explained Klaus Festl, chairman and CEO of Schmidt.

• Prev
• Next