# Mitsubishi Heavy's M-FET gains full control of UniCarriers forklift business

Mitsubishi Heavy Industries Forklift, Engine and Turbocharger Holdings raised its stake in Mitsubishi Nichiyu Forklift to 51% and transferred its 65% UniCarriers stake to Mitsubishi Nichiyu Forklift, making UniCarriers wholly owned by that group.

- Type: Acquisition
- Announced: 2017-01-12
- Where: Japan
- Status: completed
- Products: forklift trucks
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Mitsubishi Heavy Industries Forklift, Engine & Turbocharger Holdings](https://endata.com/companies/738.md)
- [Mitsubishi Nichiyu Forklift](https://endata.com/companies/739.md) (acquirer)
- [UniCarriers](https://endata.com/companies/740.md) (target)

## Sources

- [llorsa.com](https://llorsa.com/mitsubishi-obtiene-control-completo-unicarriers/), 2017-01-12: "Al mismo tiempo, ha transferido su participación de 65% en UniCarriers a Mitsubishi Nichiyu Forklift, haciendo UniCarriers una empresa que pertenece totalmente al grupo."

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