Are Hitachi tools still in business?
Hitachi Power Tools will be known as Metabo HPT from starting October 17th, 2018 as the company transitions away from the rest of the Hitachi group.
What are Hitachi Power Tools called now?
HiKOKI
Hitachi Koki Co., Ltd., a leading manufacturer of power tools and life‐science equipment, announced today that the company will change its corporate name to Koki Holdings Co., Ltd., effective June 1, 2018, and will rebrand its full line of power tools known as HITACHI and/or Hitachi Koki under the new HiKOKI ( …
Who owns Koki holdings?
Kohlberg Kravis Roberts
Koki Holdings was bought out by Kohlberg Kravis Roberts for $1.3B on Jan 13, 2017 .
Why did Hitachi change its name to HiKOKI?
2018 marks the company’s 70th anniversary. Hitachi Koki opened up a new chapter in October 2018 when the brand name Hitachi became HiKOKI. Pronounced “hai-koh-key,” HiKOKI is derived from the English word “high” and the Japanese term “koki,” meaning “industrial machines.”
Who purchased Hitachi?
Toshiba
Due to concerns of a duopoly of WD and Seagate Technology by the EU Commission and the Federal Trade Commission, Hitachi’s 3.5″ HDD division was sold to Toshiba. The transaction was completed in March 2012.
Where are HiKOKI tools manufactured?
Japan
HiKOKI uses state of the art assembly technology and manufactures in Japan, Germany, China, Malaysia and other locations around the world.
Is Metabo and Hitachi the same company?
In October 2018, Metabo HPT became the new brand name for Koki Holdings America – formerly part of the Hitachi group. Same tools, only with a new name in North America.
Do HiKOKI batteries fit Hitachi?
For existing Hitachi Power Tools, all that’s changing is the name on the side of the tool. Hitachi and HiKOKI branded power tools, accessories, batteries, chargers, and spare parts remain fully interchangeable, and the tried & true models you know and love remain exactly the same.
Is HiKOKI Made in Japan?
HiKOKI uses state of the art assembly technology and manufactures in Japan, Germany, China, Malaysia and other locations around the world.
Is Hitachi owned by Tata?
Tata Hitachi is a subsidiary company of Hitachi Construction Machinery Co. Ltd., which holds 60% share and Tata Motors Ltd. holding 40%.
Which country does Hitachi belong to?
Japanese
Hitachi, Ltd., highly diversified Japanese manufacturing corporation that comprises more than 1,000 subsidiaries, including 335 overseas corporations. Headquarters are in Tokyo.