Minebea Co., Ltd. and its wholly-owned subsidiary
NMB (USA), Inc. finalize the acquisition of myonic Holding GmbH,
FOR IMMEDIATE RELEASE
CT, March 5, 2009 – Knox & Co., a leading investment
bank for middle-market and cross-border mergers and acquisitions
has announced that Minebea Co., Ltd. (“Minebea”) has
formally completed its purchase of substantially all of the shares
of myonic Holding GmbH, Leutkirch, Germany (“myonic”).
Minebea, with its head office in Tokyo Japan, is a major producer
of machinery components including bearings and electronics devices.
It is the world’s largest manufacturer of miniature bearings,
with global operations and annual revenues of greater than $3.5
billion. Minebea supplies the personal computing, networking, telecommunications,
home entertainment, home electronics, automotive, and industrial
markets. Primarily engaged in the design and manufacture of miniature
precision ball bearings, myonic, for over 40 years, has provided
these products to the medical, dental, aerospace and industrial
Knox & Co. is an investment banking, consultancy and advisory
firm specializing in two complementary advisory disciplines: Investment
Banking and Corporate Reorganization. The firm undertakes assignments
throughout North America and abroad. Knox & Co. conducts its
securities-related business through its wholly owned subsidiary,
Knox Securities Corp., member FINRA. In addition, the firm enjoys
a number of international strategic alliances that facilitate access
to global acquirers and capital.
Knox & Co. (www.knoxandco.com)
has advised on more than 200 middle-market merger and acquisition
and financial advisory assignments since its inception.
Jeffrey B. Gaynor