Getech Automation is pleased to announce it has completed the sale of 80% of the company shares to Kanematsu Corporation of Japan.
Getech’s founders will continue with the company as CEO and CTO and the present team will remain in their current roles. We are pleased to welcome Mr. Kazutaka Hosaka joining on the board as CFO. He has 30 years of financial experience in domestic and overseas subsidiaries of Kanematsu Group. Getech continues with its commitments and support to our customers. We will have the full support of Kanematsu in further developing the entities objectives related to growth, product development and market expansion.
Kanematsu Corporation is a Japanese conglomerate listed on the Tokyo Stock Exchange Prime Market. Kanematsu Group provides a broad array of products and services through extensive business operations centred on Electronics & Devices, Foods, Meat & Grain, Steel, Materials & Plant, and Motor Vehicles & Aerospace.
Leon Tjipto, Getech CEO, comments “Kanematsu deepens Getech’s resources and management team, bringing significant value and opportunities to take us to the next level as a global supplier of automation solutions. We look forward to a dynamic future together.”
Established 30 years ago with headquarter in Singapore, Getech Automation has global presence delivering automated solutions with emphasis on the Electronics Assembly and Memory OEM industry. The company has engineering expertise covering the entire life cycle of automation system, from ideation and concept design to system realization and execution. Complemented with internal staff and distributor partners to manage installation, commissioning, training, repair & maintenance and spare parts.
