Murata Announces Merger of Singapore Subsidiaries
The absorbed company, MDS, has been manufacturing battery products since it was established in 2017.
Murata Manufacturing Co., Ltd. recently announced that its consolidated subsidiary, Murata Electronics Singapore (Pte.) Ltd. (MES) has absorbed Murata Energy Device Singapore Pte. Ltd. (MDS), a specified subsidiary of Murata Manufacturing, in an absorption-type merger. Beginning on April 2, 2019, MDS continues to function as MES’ Tuas Plant.
The surviving company, MES, has been manufacturing components, selling its own and affiliated companies’ products, and overseeing administration of distributors in the ASEAN region since it was founded in 1972, thereby playing a role in the expansion of Murata Manufacturing’s business. The absorbed company, MDS, has been manufacturing battery products since it was established in 2017.
According to Murata, the absorption of MDS by MES is aimed at generating new synergy and achieving greater back-office productivity through resource integration, as well as promoting the development of the next generation of leaders and the reform of the companies’ organizational climates by revitalizing people-to-people exchanges, in order to further increase the group’s competitive edge.
For more information, visit www.murata.com.