Yamaha Motor announced that it has concluded a contract to partially transfer assets related to the surface mounter business owned by Hitachi High-Technologies and Hitachi High-Tech Instruments. The deal will come into effect on 1 February 2015.
Local distributor Zetech has moved to quell potential concerns from customers by providing assurance that, while details of the handling of the existing Hitachi products after the transfer day are yet to be decided, the current relationship between Yamaha Motor and its distributors will not be affected, and the portfolio of Yamaha products it handles will not be affected.
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