# BEMAC to fully acquire The Switch Engineering from Mitsui & Co.

BEMAC has agreed to acquire all shares of The Switch Engineering Oy held by Mitsui & Co., making The Switch a wholly owned subsidiary. The share transfer agreement was signed on May 15, 2026. The Switch develops permanent magnet machines, DC switchboards, and motor drive inverters for marine and wind power applications.

- Type: Acquisition
- Announced: 2026-05-21
- Where: Vaasa, Finland, Finland
- Status: announced
- Products: permanent magnet machines, DC switchboards, motor drive inverters, high-speed induction motors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mitsui & Co.](https://endata.com/companies/10710.md) (partner)
- [BEMAC Corporation](https://endata.com/companies/11129.md) (acquirer)
- [The Switch Engineering Oy](https://endata.com/companies/23964.md) (target)

## Sources

- [prtimes.jp](https://prtimes.jp/main/html/rd/p/000000013.000126045.html), 2026-05-21: "当社によるTSWの100％子会社化が最適との結論に至り、三井物産が保有するTSW全株式を取得することといたしました。"

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