# ABB and Mitsubishi Electric form joint venture for low-voltage electrical distribution

ABB and Mitsubishi Electric announced a strategic alliance to create a joint venture for low-voltage electrical distribution and protection solutions. ABB will invest approximately $495 million (JPY 79 billion) for a 51% stake, with the transaction expected to close in the second half of 2027.

- Type: Partnership
- Announced: 2026-11-10
- Where: Japan, Japan
- Value: $495.0M
- Status: announced
- Products: low-voltage electrical distribution and protection solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ABB](https://endata.com/companies/1547.md)
- [Mitsubishi Electric](https://endata.com/companies/2378.md) (partner)

## Sources

- [grudilec.com](https://grudilec.com/abb-y-mitsubishi-electric-crean-una-alianza-estrategica-para-reforzar-su-presencia-en-asia-pacifico/), 2026-11-10: "La operación se articula mediante la creación de una empresa conjunta a partir del negocio de productos de distribución de energía de baja tensión de Mitsubishi Electric."

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