Jul 7, 2026ACQUISITIONFukuoka, Japan Konecranes to acquire 70% stake in Mitsubishi Electric FA Industrial Products
Mitsubishi Electric Corporation agreed to transfer a 70% stake in its subsidiary Mitsubishi Electric FA Industrial Products Corporation to Konecranes Oyj. The transaction is expected to close by March 2027, making the subsidiary a Konecranes subsidiary.
Productshoistsgeared motors
“I am very pleased with this planned acquisition.”mitsubishielectric.com
- 4 sources
- mitsubishielectric.comMitsubishi Electric to Transfer Part of its Shareholding in Mitsubishi Electric FA Industrial Products to Konecranes | MITSUBISHI ELECTRIC Global websiteJul 7, 2026
- konecranes.comKonecranes strengthens its presence in Japan by entering into an agreement to acquire a majority interest in Mitsubishi Electric FA Industrial Products | Corporate press releases | KonecranesJul 7, 2026
- breakbulk.newsKonecranes to enter Japan with 70% Mitsubishi Electric hoist dealRobertha McDonaldJul 7, 2026
- forkliftaction.comKonecranes acquires majority stake in Mitsubishi subsidiary, Finland. News story in Forkliftaction NewsJul 15, 2026
Summarized from public sources; check the original articles before acting on it.
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