# Konecranes to acquire 70% stake in Mitsubishi Electric FA Industrial Products

Konecranes signed an agreement to acquire a 70% stake in Mitsubishi Electric FA Industrial Products (MFK), a Japanese supplier of wire rope hoists and geared motors. The transaction is expected to close in early 2027.

- Type: Acquisition
- Announced: 2026-09-04
- Where: Fukuoka, Japan
- Status: announced
- Products: wire rope hoists, geared motors
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Konecranes](https://endata.com/companies/511.md) (acquirer)
- [Mitsubishi Electric FA Industrial Products](https://endata.com/companies/30662.md) (target)

## Sources

- [infomarine.net](https://infomarine.net/en/insight/54-container-news/81247-konecranes-to-acquire-majority.html), 2026-09-04: "Konecranes has signed an agreement to acquire a 70% stake in Mitsubishi Electric FA Industrial Products (MFK)"

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