Sumitomo Heavy Industries acquired Lafert S.p.A.

Tokyo – Frontier Management Inc. (CFI Japan) is pleased to announce that they acted as financial advisor to Lafert S.p.A on its sale to Sumitomo Heavy Industries.

Lafert S.p.A is a manufacturer and distributor of electric motor and electric equipment.

Sumitomo Heavy Industries is a comprehensive machinery maker that manufactures goods ranging from general machinery and advanced precision machinery to construction machinery, ships, and environmental plant facilities.

The transaction closed on 29. June 2018.