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Mitsubishi Logisnext, a forklift manufacturer and subsidiary of Mitsubishi Heavy Industries, announced the acquisition of PON Material Handling NA (PMH) in Texas, effective July 1, 2019. The acquisition value is estimated at around 20 billion yen.
“PMH社は米国で最大規模の物流機器販売会社で、独自の販売網やメンテナンス力に定評がある。”nikkei.com
Summarized from public sources; check the original articles before acting on it.