Juki Corporation (TSE:6440) agree to acquire 46.4% stake in ESSEGI AUTOMATION S.r.l from Essegi System Service Srl on July 31, 2019. In addition, Juki will subscribe to an additional 2.6% stake in ESSEGI AUTOMATION. Following the transaction, Juki Corporation will own 49% stake in ESSEGI AUTOMATION. Transaction is expected to complete on September 5, 2019.