Nissei Acquires Controlling Interest in Negri Bossi
Nissei of Japan is buying 75% of Italy’s Negri Bossi Group.
Rumors were flying in early October, and they were validated in late November, when Nissei Plastic Industrial Co. of Japan decided to acquire control of Negri Bossi Group in Italy. For now, Nissei plans to buy 75% of the shares of Negri Bossi and the remaining 25% in a few years. Both firms make injection molding machines, and Negri Bossi Group also includes robot maker Sytrama.
Nissei is buying 75% of Negri Bossi Group.
Nissei’s announcement of the move noted that Nissei will benefit from Negri Bossi’s strong presence in the European market and in ultra-large injection machines not currently in Nissei’s line. Future plans include sale of Nissei machines in Europe through Negri Bossi; development of future machines “based on Italian design and Japanese quality”; and shorter delivery times and price reduction by sharing supply chains. Nissei says production efficiencies can be realized by using Nissei’s manufacturing facilities to produce Negri Bossi machines, since Negri Bossi is currently highly dependent on outsourcing. Negri Bossi’s sales dropped a total of 13% from fiscal years 2016 to 2018, though net income improved 31%.
Related Content
-
Use These 7 Parameters to Unravel the Melt Temperature Mystery
Despite its integral role in a stable process and consistent parts, true melt temperature in injection molding can be an enigma. Learning more about these seven parameters may help you solve the puzzle.
-
Back to Basics on Mold Venting (Part 1)
Here’s what you need to know to improve the quality of your parts and to protect your molds.
-
Using Data to Pinpoint Cosmetic Defect Causes in Injection Molded Parts
Taking a step back and identifying the root cause of a cosmetic flaw can help molders focus on what corrective actions need to be taken.
