Makita to acquire Panasonic's power tool business

Makita Corporation reached an agreement to acquire the power tool business of Panasonic's Electric Works Company, including factory fastening equipment and IoT solutions. The transaction is expected to close during fiscal year 2026.

“Makita plans to acquire all issued shares of the succeeding company to be established through an absorption-type company split by PEW.”makita.biz

• 1 source
• makita.bizMakita Group Announces the Acquisition of Panasonic Group’s Power Tool Business | Makita Corporation Global SiteMar 31, 2026

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