Fuji Electric Acquires Indonesian Vending Machine Manufacturing and Sales Company with an Eye to Expanding Business in Southeast Asia.
Tokyo, September 12, 2017 – Fuji Electric Co., Ltd. (TSE:6504) (“FE”), headquartered in Tokyo, Japan is pleased to announce that it has signed a contract with Kubota Corporation (Kubota) to purchase all shares of P.T. METEC SEMARANG (PTMS) held by Kubota and Kubota Vending Services Co., Ltd. (KVS) and to take on after-sales service operations related to vending machines both within Japan and overseas
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