# MHPS to transfer industrial-use non-reheat thermal power business to MHPS-IDS

Mitsubishi Hitachi Power Systems (MHPS) decided to transfer its entire industrial-use non-reheat thermal power facilities business in Japan to its wholly owned subsidiary MHPS-IDS, effective January 1, 2019, via an absorption-type company split.

- Type: Acquisition
- Announced: 2018-08-31
- Where: Yokohama, Japan
- Status: announced
- Products: non-reheat thermal power facilities, boilers, turbine generators
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mitsubishi Hitachi Power Systems](https://endata.com/companies/1024.md)
- [Mitsubishi Hitachi Power Systems Industries Co., Ltd.](https://endata.com/companies/34028.md) (acquirer)

## Sources

- [acnnewswire.com](https://acnnewswire.com/press-release/english/45912/mhps-to-transfer-entire-industrial-use-non-reheat-thermal-power-facilities-business-in-japan-to-mhps-ids), 2018-08-31: "The aim of this reorganization is to utilize the maneuverability of MHPS-IDS to provide industrial-use customers with solutions to resolve various issues."

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