NOK Corporation (TSE:7240) agreed to acquire remaining 50% stakes in enmech GmbH & Co. KG and enmech Hungary Bt from Freudenberg & Co. KG on December 16, 2015. Once the necessary approvals are received, the two enmech companies will be managed as independent companies and will be integrated into Mektec Europe.

NOK Corporation (TSE:7240) completed the acquisition of 50% Stake in enmech GmbH & Co. KG and 50% Stake in enmech Hungary Bt. from Freudenberg & Co. Kommanditgesellschaft in the beginning of 2016.