NewsMar 26, 2026
Yaskawa Electric Corporation (Head Office: Kitakyushu, Fukuoka; Representative Director and President: Masahiro Ogawa) announces that our consolidated subsidiary, Yaskawa AMERICA, Inc. (Head Office: Waukegan, Illinois, the United States; Chairman & CEO: Mike Knapek, hereinafter “Yaskawa America”), acquired 100% of the shares of Variadores S.A.S. (Head Office: Medellín, Colombia, hereinafter “Variadores”) on March 2, 2026. As a result of this acquisition, Variadores will become a wholly owned subsidiary of Yaskawa America.
1.Purpose of the Equity Acquisition
Variadores sells industrial automation equipment. Variadores has partnered with Yaskawa America since 1991 and has handled Yaskawa’s Drives mainly in Colombia. The company holds the top market share in the region and supplies Yaskawa Drives in all the major industrial automation segments, including the oil and gas segment.
Yaskawa Electric and Yaskawa America decided to acquire equity interests in Variadores to strengthen co-brand value and expand sales.
2.Overview of Yaskawa America, Inc.
|
(1) Name |
YASKAWA AMERICA, Inc. |
|
(2) Address |
2121 Norman Drive South Waukegan, IL 60085 |
|
(3) Title and Name of Representative |
Chairman & CEO Mike Knapek |
|
(4) Business Description |
Sales of electric machinery and equipment |
|
(5) Capital |
US$39 million (as of February 2025) |
|
(6) Revenue |
US$738 million (FY ended February 2025) |
|
(7) Year Established |
1967 |
|
(8) Major Shareholder and Shareholding Ratio |
Yaskawa Electric Corporation (100%) |
3.Overview of Variadores S.A.S.
|
(1) Name |
Variadores S.A.S. |
|
(2) Address |
Cra. 51 #6-08, Guayabal, Medellín, Antioquia, Colombia |
|
(3) Representatives |
David Giraldo、Andres Tobon |
|
(4) Business Description |
Sales and manufacturing of industrial automation equipment |
|
(5) Year Established |
1987 |
|
(6) Relationship with Listed Companies and the Parties Involved |
・Capital relationship: None ・Personnel relationship: None ・Business relationship: Sells drive products through Yaskawa America |
4.Impact on Financial Performance
The equity acquisition will have minimal impact on the consolidated financial performance of Yaskawa
For inquires, contact:
Corporate Communications Dept.
YASKAWA Electric Corporation
E-mail: pr@yaskawa.co.jp