Investments
1Partners & Customers
10About Kobelco
Kobelco is engaged in multiple businesses, including the materials business which consists of steel, aluminum, advanced materials, and welding; the machinery business which consists of industrial machinery, engineering, and construction machinery; and the electric power business. The company was founded in 1905 and is based in Kobe, Japan.
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Latest Kobelco News
Sep 22, 2023
Kobe Steel : transfers tire testing machine business September 22, 2023 at 12:06 am EDT Share Kobe Steel announces that it decided to withdraw from the tire testing machine*1 business and transferred the business to Nagahama Seisakusho Ltd. on September 11, 2023. Kobe Steel has been engaged in the tire testing machine business over many years, but the decision was made after the review of the business portfolio of its machinery business. Nagahama Seisakusho is a company that manufactures and sells balancing machines*2 for parts of automobiles, home appliances, industrial machinery, etc. The company entered into a sales partnership agreement with Kobe Steel in the early 2000s and has been engaged in sales activities of Kobe Steel's uniformity machines*3 for tire production lines and dynamic balancing machines*4 for tire production lines, mainly in China. Since Nagahama Seisakusho has delivered dynamic balancing machines for tire production lines to many Japanese and Chinese tire manufactures among others, we believe that the company is able to provide high-performance, high-quality products and reliable after-sales service after the transfer. Therefore, we have selected Nagahama Seisakusho as the most adequate entity to transfer the business. The business items transferred to Nagahama Seisakusho are: (1) Manufacture, sale, and after-sales service of new uniformity machines for tire production lines (2) After-sales service of certain types of existing uniformity machines for tire production lines delivered by Kobe Steel. With this transfer, we have discontinued the manufacture and sale of new tire testing machines, and we also plan to gradually end after-sales service of our tire testing machines that have not been transferred to Nagahama Seisakusho*5. We will continue and develop further our rubber mixer and twin screw roller head extruder businesses as key products in our machinery business. Attachments
Kobelco Investments
1 Investments
Kobelco has made 1 investments. Their latest investment was in H2 Green Steel as part of their Series B - II on October 10, 2022.
Kobelco Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
10/11/2022 | Series B - II | H2 Green Steel | $68.72M | Yes | Hitachi Energy, Kinnevik, and Kobelco | 4 |
Date | 10/11/2022 |
|---|---|
Round | Series B - II |
Company | H2 Green Steel |
Amount | $68.72M |
New? | Yes |
Co-Investors | Hitachi Energy, Kinnevik, and Kobelco |
Sources | 4 |
Kobelco Acquisitions
1 Acquisition
Kobelco acquired 1 company. Their latest acquisition was Quintus Technologies on April 13, 2017.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
4/13/2017 | Acquired | 2 |
Date | 4/13/2017 |
|---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired |
Sources | 2 |
Kobelco Partners & Customers
10 Partners and customers
Kobelco has 10 strategic partners and customers. Kobelco recently partnered with Emirates Global Aluminium on December 12, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
12/18/2022 | Vendor | United Arab Emirates | 1 | ||
4/21/2022 | Partner | IBM, Kobelco Systems, and Kyndryl | United States, and Japan | Kobe Steel : Four Companies Form Partnership to Jointly Drive KOBELCO Group's DX Strategies The partnership will move forward with the KOBELCO Group 's DX strategies with the aim of bringing added value to customers . | 1 |
4/2/2019 | Partner | United States | Trimble : and Kobelco Announce Factory-Fit Machine Control Solution for Kobelco Excavators `` The improved productivity and quality control that the Trimble and Kobelco machine integration enables will benefit our mutual customers . '' | 1 | |
9/26/2017 | Partner | ||||
9/25/2017 | Partner |
Date | 12/18/2022 | 4/21/2022 | 4/2/2019 | 9/26/2017 | 9/25/2017 |
|---|---|---|---|---|---|
Type | Vendor | Partner | Partner | Partner | Partner |
Business Partner | IBM, Kobelco Systems, and Kyndryl | ||||
Country | United Arab Emirates | United States, and Japan | United States | ||
News Snippet | Kobe Steel : Four Companies Form Partnership to Jointly Drive KOBELCO Group's DX Strategies The partnership will move forward with the KOBELCO Group 's DX strategies with the aim of bringing added value to customers . | Trimble : and Kobelco Announce Factory-Fit Machine Control Solution for Kobelco Excavators `` The improved productivity and quality control that the Trimble and Kobelco machine integration enables will benefit our mutual customers . '' | |||
Sources | 1 | 1 | 1 |
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