Consolidated subsidiary of Tsubakimoto Chain acquires manufacturing and sales company in Canada
Strengthening Manufacturing and Sales in North America
In an effort to strengthen manufacturing and sales in North America, Tsubakimoto Chain Co. (Headquarters: Kita-ku, Osaka, Japan; President: Yasushi Ohara), through its wholly owned subsidiary Tsubaki of Canada Limited, has acquired Dia-Saw Manufacturing Ltd., a sprocket manufacturing and sales company located in Vancouver, Canada.
Through this acquisition, we will be able to take hold of a manufacturing facility in Western Canada where one of the main industries, the forestry industry, is concentrated. We will also be able to expand sales of MTO/altered sprockets and mill chain by offering short-term delivery through local manufacturing and offer more meticulous sales and technical services to the local customers in the region.
Outline of Acquired Company
Dia-Saw Manufacturing Ltd.
Vancouver, British Colombia, Canada
- Share acquisition date:
December 1, 2016
Tsubaki of Canada Limited 100%
- Number of employees:
- Principal business:
Mainly the manufacture and sale of sprockets and related components