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  • Hitachi Koki Co, Ltd., Announces Acquisition of Metabo Aktiengesellschaft

    November 20, 2015

    Hitachi Koki Co., Ltd.(“Hitachi Koki”) announced the resolution, in the Board of Directors meeting held today, that Hitachi Koki would acquire 100% ownership of Metabo Aktiengesellschaft (“Metabo”), headquartered in Nurtingen, Germany. Metabo has an established reputation for high-quality products centered in the European market. Hitachi Koki is aiming to strengthen and expand its power tool business by acquisition of the parent company, Power Tool Invest B.V. (“PTI”), headquartered in Schiphol, the Netherlands, and of all minority shareholders’ interest owned by the founding family and executives & employees of Metabo.

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