Sumitomo Drive Technologies Acquires Riverside Spline & Gear
May 27, 2026
Sumitomo Drive Technologies (Sumitomo Machinery Corporation of America) acquired Riverside Spline & Gear Inc., a Michigan-based manufacturer of precision gears and splined components. The deal expands Sumitomo’s domestic precision gearing capacity and strengthens near-shoring to reduce customers’ reliance on offshore supply chains.
- Buyers
- Sumitomo Drive Technologies (Sumitomo Machinery Corporation of America), Sumitomo Heavy Industries, Ltd.
- Targets
- Riverside Spline & Gear Inc.
- Industry
- Industrial Services
- Location
- Michigan, United States
- Transaction Type
- Buyout
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