{"id":11909,"date":"2019-11-26T14:43:39","date_gmt":"2019-11-26T14:43:39","guid":{"rendered":"https:\/\/www.negribossi.com\/nissei-acquire-majority-stake-in-negri-bossi\/"},"modified":"2020-11-17T10:38:33","modified_gmt":"2020-11-17T10:38:33","slug":"nissei-acquire-majority-stake-in-negri-bossi","status":"publish","type":"post","link":"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/","title":{"rendered":"Nissei Plastic Industrial Co., Ltd. signs to acquire a majority stake in Negri Bossi S.p.A."},"content":{"rendered":"

\"NisseiOn 21st<\/sup> November 2019, Kingsbury Corp. has signed to sell a majority stake of Negri Bossi S.p.A., an Italian company active in the manufacture and sale of injection molding machines and robot equipment, to Nissei Plastic Industrial Co., Ltd.. The closing is expected in January 2020 and Kingsbury Corp. will maintain a minority stake in the Company.<\/p>\n

Established in 1947 in Cologno Monzese (Milan), Negri Bossi has become the number one injection molding machine manufacturer in Italy, with a wide range of high-performance injection molding machines, amongst which ultra-large injection molding machines and molding systems. The Group also provides products and solutions tailored to each customer. Negri Bossi has a particularly strong presence in Europe and a solid customer base in a wide range of industries. The Group has an important presence also in the USA, Mexico and India. Negri Bossi has achieved revenues of more than \u20ac100 million over the last few years.<\/p>\n

Nissei Plastic Industrial is a Japanese company, listed on the Tokyo Stock Exchange, engaged in the manufacture and sale of injection molding machines, peripherical equipment, parts and dies. The Company operates in three segments: Japan (active in purchase, manufacturing and sale of injection molding machines and peripherical equipment), USA (engaged in the sale of products) and Asia (with China and Thailand affiliates focused on manufacturing and sales). \u00a0<\/p>\n

By acquiring a stake in Negri Bossi, Nissei will be able to expand and strengthen its business domain in the injection molding machine field. The combination of Nissei\u2019s injection molding machines and Negri Bossi\u2019s injection molding technology is expected to expand each product portfolio and provide a comprehensive solution to a wide customer segment. Nissei will also utilize the R&D and sales capabilities of Negri Bossi to expand Nissei\u2019s strengths in small and medium electric injection molding machines.<\/p>\n

\u201cNegri Bossi is a well-established injection molding machine manufacturer in Italy with more than 70 years of history, and this acquisition will enable respective business enhancement based on a reciprocally complementing relationship by geographical and product type perspective. Consolidated sales of the Nissei group will hit approximately 50 billion Japanese yen (\u20ac420 million). In addition to the integration of production, sales and service, we will be able to achieve further growth through global marketing with robot companies\u201d Mr Yoda, President and Representative Director of Nissei said.<\/p>\n

From Negri Bossi side Mr. Craig Ward, General Manager, gave his comment: \u201cThis new partnership will elevate us to the status as one of the top ten suppliers worldwide for the supply of plastic injection molding machines. The strategic choice to purchase Negri Bossi was based on very strong potential synergies such as our strong geographical footprint in Europe and East coast of America compared to theirs of the Far east, Asia and west coast of America. In terms of product they have a history of direct lock machines whilst we have always been known for our toggle machines. We are able to offer high tonnage machines were as they currently only go to 1300ton whilst they are able to offer to market vertical machines. We are, and will continue to, be Negri Bossi with our machines and our people as that is what our customers want. The only difference now is that we have a strong industrial partner behind us who understands our market and whom can support us in order to better service our customer\u2019s needs\u201d<\/p>\n

Negri Bossi has been assisted by financial advisor K Finance \u2013 partner of Clairfield International \u2013 with Managing Partner Giuseppe R. Grasso, Director Maximiliano Turelli and Analyst Claudia Brisciana. Law firm Nctm assisted on the legal aspects with Partner Pietro Zanoni, Managing Associate Alessia Trevisan and Mr Mario Bonferroni.<\/p>\n

Nissei has been assisted by financial advisor Yamada Consulting Group with Managing Director Kita Yasuyuki. The financial and fiscal due diligence has been conducted by Grant Thornton, with Partner Stefano Marchetti, Senior Manager Antonio Aiuto and Senior Consultant Martina Cellana in the financial team and Partner Gianni Bittetti and Senior Manager Mattia Tencalla in the fiscal team. Law firm Allen&Overy assisted on the legal aspects.<\/p>\n","protected":false},"excerpt":{"rendered":"

On 21st November 2019, Kingsbury Corp. has signed to sell a majority stake of Negri Bossi S.p.A., an Italian company … Continue reading Nissei Plastic Industrial Co., Ltd. signs to acquire a majority stake in Negri Bossi S.p.A.<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[],"class_list":["post-11909","post","type-post","status-publish","format-standard","hentry","category-news-2-en-us"],"yoast_head":"\nNissei signs to acquire a majority stake in Negri Bossi | Negri Bossi<\/title>\n<meta name=\"description\" content=\"On 21st November 2019, Kingsbury Corp. has signed to sell a majority stake of Negri Bossi S.p.A., to Nissei Plastic Industrial Co., Ltd.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nissei signs to acquire a majority stake in Negri Bossi | Negri Bossi\" \/>\n<meta property=\"og:description\" content=\"On 21st November 2019, Kingsbury Corp. has signed to sell a majority stake of Negri Bossi S.p.A., to Nissei Plastic Industrial Co., Ltd.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/\" \/>\n<meta property=\"og:site_name\" content=\"Negri Bossi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NegriBossiGroup\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-26T14:43:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-17T10:38:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.negribossi.com\/wp-content\/uploads\/Nissei-and-negri-bossi-2.jpg\" \/>\n<meta name=\"author\" content=\"Carl Futcher\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@negribossigroup\" \/>\n<meta name=\"twitter:site\" content=\"@negribossigroup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carl Futcher\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Nissei signs to acquire a majority stake in Negri Bossi | Negri Bossi","description":"On 21st November 2019, Kingsbury Corp. has signed to sell a majority stake of Negri Bossi S.p.A., to Nissei Plastic Industrial Co., Ltd.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/","og_locale":"en_US","og_type":"article","og_title":"Nissei signs to acquire a majority stake in Negri Bossi | Negri Bossi","og_description":"On 21st November 2019, Kingsbury Corp. has signed to sell a majority stake of Negri Bossi S.p.A., to Nissei Plastic Industrial Co., Ltd.","og_url":"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/","og_site_name":"Negri Bossi","article_publisher":"https:\/\/www.facebook.com\/NegriBossiGroup\/","article_published_time":"2019-11-26T14:43:39+00:00","article_modified_time":"2020-11-17T10:38:33+00:00","og_image":[{"url":"https:\/\/www.negribossi.com\/wp-content\/uploads\/Nissei-and-negri-bossi-2.jpg"}],"author":"Carl Futcher","twitter_card":"summary_large_image","twitter_creator":"@negribossigroup","twitter_site":"@negribossigroup","twitter_misc":{"Written by":"Carl Futcher","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/#article","isPartOf":{"@id":"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/"},"author":{"name":"Carl Futcher","@id":"https:\/\/www.negribossi.com\/#\/schema\/person\/49adfc495756ca26fd8b6fa91d2b6ded"},"headline":"Nissei Plastic Industrial Co., Ltd. signs to acquire a majority stake in Negri Bossi S.p.A.","datePublished":"2019-11-26T14:43:39+00:00","dateModified":"2020-11-17T10:38:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/"},"wordCount":695,"publisher":{"@id":"https:\/\/www.negribossi.com\/#organization"},"articleSection":["News and Events"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/","url":"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/","name":"Nissei signs to acquire a majority stake in Negri Bossi | Negri Bossi","isPartOf":{"@id":"https:\/\/www.negribossi.com\/#website"},"datePublished":"2019-11-26T14:43:39+00:00","dateModified":"2020-11-17T10:38:33+00:00","description":"On 21st November 2019, Kingsbury Corp. has signed to sell a majority stake of Negri Bossi S.p.A., to Nissei Plastic Industrial Co., Ltd.","breadcrumb":{"@id":"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.negribossi.com\/en-us\/nissei-acquire-majority-stake-in-negri-bossi\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.negribossi.com\/en-us\/"},{"@type":"ListItem","position":2,"name":"Nissei Plastic Industrial Co., Ltd. signs to acquire a majority stake in Negri Bossi S.p.A."}]},{"@type":"WebSite","@id":"https:\/\/www.negribossi.com\/#website","url":"https:\/\/www.negribossi.com\/","name":"Negri Bossi","description":"","publisher":{"@id":"https:\/\/www.negribossi.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.negribossi.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.negribossi.com\/#organization","name":"Negri Bossi","url":"https:\/\/www.negribossi.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.negribossi.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.negribossi.com\/wp-content\/uploads\/logo-negribossi-new.jpg","contentUrl":"https:\/\/www.negribossi.com\/wp-content\/uploads\/logo-negribossi-new.jpg","width":502,"height":96,"caption":"Negri Bossi"},"image":{"@id":"https:\/\/www.negribossi.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/NegriBossiGroup\/","https:\/\/twitter.com\/negribossigroup","https:\/\/www.linkedin.com\/company\/negri-bossi-s.p.a.","https:\/\/www.youtube.com\/c\/NegriBossiGroup"]},{"@type":"Person","@id":"https:\/\/www.negribossi.com\/#\/schema\/person\/49adfc495756ca26fd8b6fa91d2b6ded","name":"Carl Futcher","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.negribossi.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d72e6b24b3d2e3229a3af0c44ec802cbf53ba2f1ec70ee288049dde41be79ef8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d72e6b24b3d2e3229a3af0c44ec802cbf53ba2f1ec70ee288049dde41be79ef8?s=96&d=mm&r=g","caption":"Carl Futcher"},"url":"https:\/\/www.negribossi.com\/en-us\/author\/carlfutcher\/"}]}},"_links":{"self":[{"href":"https:\/\/www.negribossi.com\/en-us\/wp-json\/wp\/v2\/posts\/11909\/"}],"collection":[{"href":"https:\/\/www.negribossi.com\/en-us\/wp-json\/wp\/v2\/posts\/"}],"about":[{"href":"https:\/\/www.negribossi.com\/en-us\/wp-json\/wp\/v2\/types\/post\/"}],"author":[{"embeddable":true,"href":"https:\/\/www.negribossi.com\/en-us\/wp-json\/wp\/v2\/users\/42\/"}],"replies":[{"embeddable":true,"href":"https:\/\/www.negribossi.com\/en-us\/wp-json\/wp\/v2\/comments\/?post=11909"}],"version-history":[{"count":0,"href":"https:\/\/www.negribossi.com\/en-us\/wp-json\/wp\/v2\/posts\/11909\/revisions\/"}],"wp:attachment":[{"href":"https:\/\/www.negribossi.com\/en-us\/wp-json\/wp\/v2\/media\/?parent=11909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.negribossi.com\/en-us\/wp-json\/wp\/v2\/categories\/?post=11909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.negribossi.com\/en-us\/wp-json\/wp\/v2\/tags\/?post=11909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}