Jobs Spa establishes a strategic partnership with the Taiwanese FFG Group | Jobs

Jobs Spa establishes a strategic partnership with the Taiwanese FFG Group

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Jobs Spa establishes a strategic partnership with the Taiwanese FFG Group

Jobs has renewed its shareholding structure. Jobs’s management, already holding shares of the company, has become majority shareholders in Jobs by taking over, with the important Taiwanese FFG Group, the whole block of shares.
At the same time, Jobs purchases 80% of Sigma, long-established Italian leader in the machining centres industry.

The Jobs/FFG operation (of which Jobs is the aggregation center), is a strategic partnership which aims to exploit the synergy between Jobs’ manufacturing capabilities and extensive technological know-how with the consolidated international experience of FFG Group, distinguished as one of the world's most globalized machine tools industry (with a turnover of U.S. $ 1.3 billion and more than 25 production plants located in Taiwan, Japan, South Korea, China, USA and Italy, for a total of 13 trademarks).

The major advantages resulting from this strategic partnership are:
- greater financial strength allowing Jobs to intensify its research & development programs for new products and new application technologies
- more decisive penetration of International Markets
- industrial synergies allowing Jobs to improve cost competitiveness thanks to its integration in a major group
- larger product range
- increasingly efficient and extensive services.

For further details, please see the attached press release.