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Dmg mori seiki co.ltd4/7/2023 AMADA has developed numerous new products that are highly valued by customers as high-precision compact lathes. Currently it is a part of the lathe division of AMADA MACHINE TOOLS CO., LTD. Then as a result of the business cooperation, it became a member of the AMADA group in 1978. in 1960) started manufacturing and selling lathes in 1937. (subsequently changed to WASINO MACHINERY CO., LTD. The lathe division of AMADA started when WASINO KOGYO CO., LTD. The takeover price is to be determined through further negotiations and will be announced as soon as it has been determined. At the Board of Directors’ meeting held on 27th October, 2014, DMG MORI SEIKI CO., LTD (“DMG MORI”) has decided to take over the lathe division of AMADA MACHINE TOOLS CO., LTD., a subsidiary wholly owned by AMADA CO., LTD.
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