{"id":3344,"date":"2023-12-29T11:18:58","date_gmt":"2023-12-29T10:18:58","guid":{"rendered":"https:\/\/www.ro-ra.com\/?p=3344"},"modified":"2024-01-12T11:19:24","modified_gmt":"2024-01-12T10:19:24","slug":"change-in-ownership-structure","status":"publish","type":"post","link":"https:\/\/www.ro-ra.com\/de\/corporate-news\/2023\/change-in-ownership-structure\/","title":{"rendered":"Change in ownership structure"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<\/p>\n<h1>Change in ownership structure<\/h1>\n<p>[\/vc_column_text][vc_column_text]<strong>We are delighted to inform you that MINEBEA MITSUMI Inc., through its European subsidiary NMB-Minebea UK Ltd. (&#8222;NMB UK&#8220;), has successfully acquired the shares of RO-RA Aviation Systems GmbH (&#8222;RO-RA&#8220;) as of 19<sup>th<\/sup> December 2023.<\/strong>[\/vc_column_text][vc_single_image image=&#8220;3347&#8243; img_size=&#8220;large&#8220;][vc_column_text]MinebeaMitsumi`s basic strategy is to identify the products as its core business called the &#8222;Eight Spears&#8220; in which the Company can demonstrate its strength such as super-precision processing technologies and mass production technologies and which would not be easily eliminated from the market, and to provide the customers with added value by INTEGRATION* thereof.<\/p>\n<p>RO-RA is an Austrian company engaged in the sales and production of link rod assemblies and precision machined components. The link rod assembly consists of rod-end bearings which is one of MinebeaMitsumi&#8217;s core products, swaged tubes which is one of RO-RA&#8217;s core technologies. The link rod assemblies are widely used in aircraft applications such as interior, structure and engine. The combination of MinebeaMitsumi and RO-RA will enable vertically integrated production of link rod assemblies, and also enable MinebeaMitsumi to obtain a competitive advantage to better serve our valued customers in terms of lead time, cost, and technical services.<\/p>\n<p>The industrialization and manufacturing of High Precision Engine and Wing components will constitute another core business of MinebeaMitsumi and RO-RA in which the strengths of the companies can be bundled and expanded. We believe there is significant synergy potential to expand and improve our service offering.<\/p>\n<p>In addition, MinebeaMitsumi\u2019s global sales network can reach major regions (Europe and North America) consuming link rod assemblies thus expanding our knowledge and know-how across global markets.<\/p>\n<p>See also <a href=\"https:\/\/www.minebeamitsumi.com\/english\/news\/press\/2023\/1207348_17686.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.minebeamitsumi.com\/english\/news\/press\/2023\/1207348_17686.html<\/a>[\/vc_column_text][vc_btn title=&#8220;Download Press Release&#8220; shape=&#8220;square&#8220; align=&#8220;center&#8220; link=&#8220;url:https%3A%2F%2Fwww.ro-ra.com%2Fwp-content%2Fuploads%2F2024%2F01%2F20231229-Press-Release-EN.pdf|target:_blank|&#8220;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Swaging of tie rod tubes at RO-RA &#8211; An investment in the quality and variety of our tie-rods<\/p>\n","protected":false},"author":2,"featured_media":1703,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-3344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-presse","category-21","description-off"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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