KYOCERA SENCO Industrial Tools, Inc. to Acquire 100% Ownership of Van Aerden Group BV

Kyocera Corporation announced that its subsidiary, KYOCERA SENCO Industrial Tools Inc. (KSIT), a U.S. pneumatic, cordless tool and collated fastener manufacturing and sales company has concluded an agreement to acquire 100% of the shares of Van Aerden Group BV, a European pneumatic tool and fastener manufacturing and sales company.

Effective March 1, 2019, Van Aerden Group BV will be renamed KYOCERA AERFAST Europe BV. With the manufacturing and sales assets of pneumatic tools and fasteners that this acquisition brings, KSIT aims to strengthen its business in Europe.