MoFo advised Fictiv, a global supply chain technology company, on an agreement to be acquired by MISUMI Group Inc., a leading global supplier of mechanical components for the manufacturing industry headquartered in Japan. The all-cash transaction has a total consideration of $350 million, subject to closing adjustments. Once closed, Fictiv will join MISUMI.
Fictiv's Global Manufacturing Supply Chain brings together AI-driven technology workflows, a world-class global manufacturing network, and teams of local manufacturing experts to simplify sourcing for custom mechanical components. To date, Fictiv has produced over 35 million commercial and prototype components for some of the world's most innovative products across early-stage and large enterprises in the aerospace, robotics, clean energy, consumer, and automotive sectors. This acquisition represents an investment by MISUMI to accelerate the emergence of manufacturing and supply chain solutions.
The MoFo team was led by San Francisco corporate partners Michael Glaser and Matt O'Donnell, together with San Francisco corporate associate Samantha Rose and Los Angeles corporate associate Kaimi Jeff Miyazawa.
Read Fictiv’s press release.
Michael R. GlaserCo-Chair of Emerging Companies + Venture Capital Practice
Samantha RoseAssociate
Kaimi Jeff MiyazawaAssociate