Shibaura Machine to acquire majority stake in German LWB Steinl

Shibaura Machine Co., Ltd. has signed a Memorandum of Understanding to acquire 80% of LWB Steinl GmbH, a German manufacturer specializing in modular injection molding machines for rubber and plastics. This acquisition is part of Shibaura Machine's "Medium-term Management Plan 2026" strategy to transform its business portfolio and expand in the European market. LWB Steinl, founded in 1962, has an annual revenue of approximately €40 million and capital of €500 thousand.

The acquisition aims to strengthen Shibaura Machine's production bases, sales, and service capabilities in Europe, leveraging LWB's established brand to gain market share. Post-acquisition, LWB Steinl will be renamed "SHIBAURA MACHINE LWB GmbH." Synergies are also anticipated through the utilization of Shibaura Machine's resources, such as its Indian factory, to reduce product costs and expand sales in the Asian market.

The execution of the Definitive Agreement is planned for early October 2025, with the stock transfer expected between late November and mid-December 2025. Shibaura Machine also intends to make LWB a wholly-owned subsidiary within three years after the closing of the transaction.