The AI leader in Global Supply Chain & Manufacturing joins MISUMI to Build a Global Manufacturing Platform for Engineering and Supply Chain Organizations
Fictiv, a global supply chain technology company, announced that it has entered into an agreement to be acquired by MISUMI Group Inc., a leading global supplier of mechanical components for the manufacturing industry headquartered in Japan. The all-cash transaction has a total consideration of $350 million, subject to closing adjustments. Once closed, Fictiv will join MISUMI.
This acquisition represents an investment by MISUMI to accelerate the emergence of manufacturing and supply chain solutions that deploy the power of AI through digitally native tools built on top of robust physical infrastructure to build real-world products in an efficient, scalable way.
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The manufacturing and supply chain industries are rapidly evolving and increasingly volatile, fueled by shifts in global tariff and trade policy, geopolitical uncertainty, logistics disruptions, and technology developments. These events are exposing traditional manufacturing and supply chain methods that are expensive, inefficient, and opaque, creating inordinate risk in building and scaling products.
Fictiv’s Global Manufacturing Supply Chain brings together AI-driven technology workflows, a world-class global manufacturing network, and teams of local manufacturing experts to simplify sourcing for custom mechanical components. To date, Fictiv has produced over 35 million commercial and prototype components for some of the world’s most innovative products across early-stage and large enterprises in the aerospace, robotics, clean energy, consumer, and automotive sectors. Customer adoption of Fictiv’s solution has grown at a rapid pace, accelerated further by the recent launch of production manufacturing solutions.
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Based in Japan, MISUMI supplies mechanical components, tools, consumables, and other products to more than 318,000 companies worldwide. Customers recognize the MISUMI brand for strict quality conformance, global logistics excellence, and scalability offered by digital tools and unique customization capabilities. Bringing all this to Fictiv will help make their solution even better and more scalable, benefitting customers by offering a single global platform capable of building an entire bill-of-materials with world-class speed, price, and quality.