The shares of Precision Granite W Co., Ltd have been sold to Physik Instrumente (PI) GmbH & Co. KG
Tokyo – Frontier Management Inc. (CFI Japan) is pleased to announce that they acted as financial advisor to Precision Granite W Co., Ltd. in the sale of its shares to Physik Instrumente (PI) GmbH & Co. KG.
P·G·W, located in the Gifu prefecture, a center of Japanese aerospace technology, is specialized in granite base plates with high flatness and has a high level of system integration capabilities.
PI (Physik Instrumente), headquartered in Karlsruhe, is the market and technology leader for high-precision positioning technology and piezo applications in the semiconductor industry, life sciences, photonics, and in industrial automation. In close cooperation with customers from all over the world and for 50 year now, PI’s specialists (approx. 1,300) have been pushing, again and again, the boundaries of what is technically possible and developing customized solutions as well as standardized solutions. More than 350 granted and pending patents underline the company’s claim to innovation. PI has six production sites and 15 sales and service offices in Europe, North America, and Asia.
The transaction closed in April 2021.
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