# Mitsubishi Heavy Industries and Kobe Diesel to integrate marine diesel engine businesses

Mitsubishi Heavy Industries, its subsidiary MHI-MME, and Kobe Diesel signed a basic agreement to integrate their marine diesel engine businesses. The integration is targeted for April 2017, pending regulatory approvals.

- Type: Acquisition
- Announced: 2016-11-10
- Where: Japan
- Value: $13.0B
- Status: announced
- Products: marine diesel engines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md)
- [Mitsubishi Heavy Industries Marine Machinery & Engine](https://endata.com/companies/16967.md)
- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (acquirer)
- [Hitachi](https://endata.com/companies/1325.md) (acquirer)
- [Kobe Diesel](https://endata.com/companies/20008.md) (target)

## Sources

- [acnnewswire.com](https://www.acnnewswire.com/press-release/japanese/33391/%E4%B8%89%E8%8F%B1%E9%87%8D%E5%B7%A5%E3%81%AA%E3%81%A93%E7%A4%BE%E3%80%81%E8%88%B6%E7%94%A8%E3%83%87%E3%82%A3%E3%83%BC%E3%82%BC%E3%83%AB%E3%82%A8%E3%83%B3%E3%82%B8%E3%83%B3%E4%BA%8B%E6%A5%AD%E7%B5%B1%E5%90%88%E3%81%AB%E9%96%A2%E3%81%99%E3%82%8B%E5%9F%BA%E6%9C%AC%E5%90%88%E6%84%8F%E6%9B%B8%E3%82%92%E7%B7%A0%E7%B5%90), 2016-11-10: "三菱重工など3社、舶用ディーゼルエンジン事業統合に関する基本合意書を締結"
- [liangjianbxg.com](http://www.liangjianbxg.com/news/show-htm-itemid-1135.html), 2016-11-30: "Mitsubishi Heavy Industries Ltd and Hitachi Ltd agreed to merge energy equipment businesses with combined sales of JPY 1.1 trillion (USD 13 billion)."

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