德赢ac米兰官方合作伙伴 Information

德赢ac米兰官方合作伙伴 Co., Ltd. (Head office: Chiyoda-ku, Tokyo, Japan, President: Hideya Moridaira) has agreed to sell its minority interest in the Essex Furukawa Magnet Wire joint venture (“EFMW”) to Superior Essex.
This is an opportunity for 德赢ac米兰官方合作伙伴 to focus on their core businesses towards the achievement of the “德赢ac米兰官方合作伙伴 Group Vision 2030”, provided that 德赢ac米兰官方合作伙伴 will continue magnet wire business, such as (i) the business undertaken by 德赢ac米兰官方合作伙伴 at its Shirone Works Facility, (ii) the business undertaken by 德赢ac米兰官方合作伙伴’s affiliated companies, Taiwan Furukawa Magnet Wire Co., LTD. and Jung Shing Wire Co., Ltd., (iii) the triple insulated winding wire (TEX) business, and (iv) any other business conducted or to be conducted by 德赢ac米兰官方合作伙伴 and its affiliates that is not related to the heavy magnet wire business contributed by 德赢ac米兰官方合作伙伴 to EFMW.
The divesture transaction, and the termination of the joint venture, is expected to close at the end of April 2024.
When the transaction is completed, Superior Essex will become the sole owner of EFMW, incorporating all current facilities from the Essex Furukawa joint venture—which includes the Japanese and Malaysian (Kuala Lumpur) magnet wire facilities contributed by 德赢ac米兰官方合作伙伴.
EFMW Japan will require a certain period to run its operations on a stand-alone basis, so 德赢ac米兰官方合作伙伴 will provide transitional services for their existing operations in Tokyo, Hiratsuka and Mie.

About 德赢ac米兰官方合作伙伴 Co., Ltd.
Since its establishment in 1884, 德赢ac米兰官方合作伙伴 Group has 127 group companies including 德赢ac米兰官方合作伙伴 Co., Ltd., and approximately 50,000 employees around the world. And provide a wide range of technologies, products, and services around the world for infrastructure fields such as information and energy, automotive systems fields, and electronics fields with our 4 core technologies of metals, polymers, photonics, high frequency. To learn more about 德赢ac米兰官方合作伙伴, please visit furukawaelectric.com.
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About 德赢ac米兰官方合作伙伴 Inc.
德赢ac米兰官方合作伙伴 the parent brand of Essex Furukawa Magnet Wire, Superior Essex Communications, Essex Energy Italy, IVA, Lacroix + Kress, Hi-Wire, and Essex Brownell. It has over 3,000 employees in 11 countries, on three continents. 德赢ac米兰官方合作伙伴 the leading, global provider of magnet wire and is on the forefront of communications fiber application as well as Power over Ethernet (PoE) technology. It is instrumental in creating disruptive technological advancements in the electrification of the automotive, energy, and industrial sectors. 德赢ac米兰官方合作伙伴 committed to pioneering smart building technology while also setting the pace on sustainability. 德赢ac米兰官方合作伙伴 Everywhere You Live and Work®. Additional information is available at superioressex.com.