Awea Mechantronic Co., Ltd. completed the acquisition of Axtron Int'l Investment Co., Ltd. from an individual.
May 22, 2015 at 05:00 am
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Awea Mechantronic Co., Ltd. (TSEC:1530) agreed to acquire Axtron Int'l Investment Co., Ltd. from an individual for TWD 200 million on May 13, 2015. Under the terms of the agreement, Awea Mechantronic Co. will acquire 10000 shares of Axtron Int'l Investment.
Awea Mechantronic Co., Ltd. (TSEC:1530) completed the acquisition of Axtron Int'l Investment Co., Ltd. from an individual on May 22, 2015.
AWEA MECHANTRONIC CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and sales of computer numerical control (CNC) machine tools. The company's main products include the gantry-type vertical machining centers, as well as the C-type vertical machining centers. In addition, the Company is also involved in the provision of related maintenance services, as well as the trading of parts and components. Its products are mainly used in industries such as aerospace, national defense, automobile, mechanical, metal processing and electronics. The Company mainly distributes its products in domestic market and to overseas markets.