Fictiv Announces Agreement to Join MISUMI

Fictiv Announces Agreement to Join MISUMI

The AI leader in Global Supply Chain & Manufacturing joins MISUMI to Build a Global

Misumi Group acquires Fictiv in all-cash deal

Fictiv, a contract manufacturer and supply chain technology company, has agreed to be acquired by Misumi Group Inc., a Tokyo-based supplier of mechanical components for the manufacturing industry. Co-founders Dave Evans and Nate Evans (from left to right) founded Fictiv in 2013. (Image: Fictiv) The deal is an all-cash transaction of $350 million, subject to closing adjustments. “From its earliest days, Misumi’s culture of ingenuity and innovatio…

Fictiv to be acquired by MISUMI in $350 million deal

The all-cash deal will pair the manufacturing service platform’s AI-driven digital supply chain network with MISUMI’s catalogue of mechanical components, tools and consumables, supplied to over 318,000 companies worldwide.