# 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.

- Type: Acquisition
- Announced: 2026-03-31
- Where: Japan
- Status: announced
- Products: power tools, factory fastening equipment, IoT solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Panasonic](https://endata.com/companies/1026.md) (target)
- [Makita](https://endata.com/companies/18668.md) (acquirer)

## Sources

- [makita.biz](https://www.makita.biz/news/detail/128), 2026-03-31: "Makita plans to acquire all issued shares of the succeeding company to be established through an absorption-type company split by PEW."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.