NEWS/RELEASE
TANAKA Strengthens Electrical Contact Supply System in China by Making Metalor’s Subsidiary in China a Wholly Owned Subsidiary to Enhance Production Capabilities
February 28, 2023
TANAKA Kikinzoku Kogyo K.K., one of the core companies of the Tanaka Precious Metals group based in Japan, announced today that it acquired all shares of Metalor Electrotechnics (Suzhou) Ltd. held by its group company Metalor Technologies International SA on April 1, 2023. Metalor Suzhou is Metalor’s subsidiary in China, and this acquisition of shares makes Metalor Suzhou a wholly-owned subsidiary of TANAKA Kikinzoku Kogyo.
The subsidiary has been renamed METALOR TANAKA Electrical Materials (Suzhou) Ltd., and its system of directors will be changed.