Bielefeld. GILDEMEISTER and Mori Seiki offer their customers financing solutions when buying metal cutting machine tools from the beginning 2010. Today both companies together with the japanese trading enterprise Mitsui & Co. Ltd. signed a contract founding a joint venture.
Registered office of the financing company "MG Finance GmbH" will be Wernau in Baden-Württemberg (Germany); the foundation of the company is subject to the permission of the Federal Trade Commissions. GILDEMEISTER and Mori Seiki each hold 33% of the shares; Mitsui holds 34%. This joint venture offers customers individual financing solutions. First of all customers from Germany and Great Britain can profit from the financing offers; in the course of the year the offer shall be extended Europe-wide. Thus both companies react to financing shortfalls of their customers.
The alliance between GILDEMEISTER and Mori Seiki contracted in March covers production, research and development, purchasing, sales and service as well as the worldwide provision of customer financing.
The Executive Board