In April 2007, Citizen Watch Co., Ltd., Japan becomes a holding company. The automatic lathes are integrated in the business segment Industrial Machines while at the same time development, production, sales and service of the products are bundled within Citizen Machinery Co., Ltd., Japan, worldwide.
Citizen Machinery & Boley GmbH thus become a subsidiary of Citizen Machinery Co., Ltd., Japan. Citizen Machinery Japan forms a capital and business alliance with Miyano Machinery Japan, a leading manufacturer of fixed headstock type CNC automatic lathes. Especially in the fields of marketing, sales and service, the cooperation is meant to be intensified. For Europe, Citizen Machinery & Boley takes up a strategic position.