FilingReader Intelligence

Misumi Group to acquire Fictiv Inc. for $350m

April 17, 2025 at 12:01 PM UTCBy FilingReader AI

** Misumi Group Inc. (TSE:9962) has announced its plan to acquire Fictiv Inc., a US-based company specializing in on-demand custom mechanical components procurement, through its US subsidiary MISUMI Investment USA Corporation (MIUC). The acquisition, valued at USD 350 million, aims to bolster Misumi's digital services, particularly its meviy platform, and expand its customer domain into product development.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:9962Tokyo Stock Exchange

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