# Mitsubishi Electric to transfer 51% stake in distribution control equipment JV to ABB

Mitsubishi Electric will establish a new company to succeed its distribution control equipment business and transfer 51% of its shares to ABB for approximately 82.4 billion yen. The joint venture is expected to be formed in October 2027.

- Type: Acquisition
- Announced: 2026-11-04
- Where: Japan
- Value: $550.0M (82.4B JPY)
- Status: announced
- Products: low-voltage circuit breakers, electromagnetic switches, measurement control equipment, uninterruptible power supplies (UPS)
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [automation-news.jp](https://www.automation-news.jp/2026/11/110416/), 2026-11-04: "三菱電機は、配電制御機器事業を承継する新会社を設立し、株式の51%をABBに譲渡して合弁会社化する。"

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