In May 2023, Inovance Technology officially completed the acquisition of South Korea’s SBC Linear Co., Ltd. (“SBC”). This acquisition added a precision linear guide product line, which will strengthen Inovance Technology’s multi-product portfolio solution capabilities, helping Inovance to become a leading supplier of precision mechanical transmission products and solutions
Strong alliance, complementary advantages, assisting intelligent manufacturing
- “Inovance precision screw + SBC linear guide”, inheriting 30 years of technical background, combining strong products to create a more competitive linear transmission solution for the industry; through the introduction, absorption and optimization of high-precision linear guide technology and equipment , effectively solve the localization demand of domestic high-end equipment;
- Inovance Technology is a solution provider integrating drive, control, motor, and precision machinery. Through the supplement of precision linear guide products, it can further expand the overall solution capability of “light, machinery, electricity, liquid, and gas” integration ;
- Accelerate the implementation of the GLOBALOCAL model, through the acquisition and integration of high-quality projects, give play to the synergy effect of domestic and overseas markets, and accelerate the process of globalization.
About SBC
Founded in 1989, South Korea’s SBC Corporation is the earliest precision functional component manufacturer in Korea to develop and mass-produce linear guide rail products. SBC headquarters (R&D and production) is located in Chungju (North Chungcheong-do), South Korea, with sales offices in Seoul and Busan. The company has profound development and manufacturing process capabilities and perfect test conditions, and can evaluate the noise, fatigue life, bearing capacity, rigidity, material properties, etc. of the guide rail in all aspects. Living in the forefront of the industry.
SBC’s products are exported to more than 30 countries around the world, and overseas sales account for more than 40% (mainly in the European market). The company’s products are mainly used in industries such as CNC machine tools, injection molding machines, factory automation equipment, testing equipment, automobiles, semiconductor manufacturing equipment, and robots.
SBC’s products mainly include: Ball Guide, Roller Guide, rolling screw and slide rail for handling. Ball guide rail product specifications cover the range of 7-65mm, mainly used in automation, machine tools, and automotive industries; roller guide rails cover the range of 15-65mm, mainly used in CNC machine tools and injection molding machine industries; The range of φ12-φ63mm is mainly used in the automation industry.
Accelerate the strategic process of localization in the field of high-end equipment
Inovance Technology’s mechanical transmission business started in 2016 with the acquisition of Shanghai Lion Precision Machine Tool Accessories Co., Ltd. with a Japanese background. The products include: precision ball screws, ball splines, single-axis robots, etc., focusing on “high load, mechanical combination, Electromechanical coupling” to create product advantages, occupy a leading position in the domestic market share of injection molding machines, robots and other industries, and integrate with Inovance’s drive and control solutions to provide customers with overall industry solutions.
This acquisition will accelerate the strategic layout of Inovance Technology’s precision machinery transmission business, and accelerate Inovance Technology’s strategic progress in the high-end equipment field through multi-product support, technology integration, market coordination, and capacity expansion.