# Mitsubishi Heavy Industries to acquire sole control of Primetals Technologies The European Commission approved Mitsubishi Heavy Industries' acquisition of sole control over Primetals Technologies, a metallurgical plant designer, from joint control with Siemens. - Type: Acquisition - Announced: 2019-11-11 - Where: India - Status: announced - Products: metallurgical plants, project management services - Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md) ## Companies - [Siemens](https://endata.com/companies/301.md) (partner) - [Siemens](https://endata.com/companies/301.md) (target) - [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (acquirer) - [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (partner) - [Primetals Technologies](https://endata.com/companies/16384.md) (target) - [Mitsubishi-Hitachi Metals Machinery](https://endata.com/companies/42437.md) (acquirer) ## Sources - [pymnts.com](https://www.pymnts.com/cpi-posts/eu-commission-oks-primetals-technologies-mitsubishi-heavy-industries-deal/), 2019-11-11: "The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over Primetals Technologies of the UK by Mitsubishi Heavy Industries (MHI) of Japan." - [pib.gov.in](https://www.pib.gov.in/PressReleseDetailm.aspx?PRID=1594098&lang=1®=3), 2019-11-28: "The proposed transaction entails the acquisition of remaining 49% of the total shareholding in PT by MHI (through MHMM) from Siemens AG." - [countryandpolitics.in](https://www.countryandpolitics.in/2019/11/29/cci-approves-acquisition-by-mitsubishi-hitachi-metals-machinery-inc-in-primetals-technologies/), 2019-11-29: "The proposed transaction entails the acquisition of remaining 49% of the total shareholding in PT by MHI (through MHMM) from Siemens AG." - [eduindex.org](https://eduindex.org/2019/12/01/cci-approves-acquisition-by-mitsubishi-hitachi-metals-machinery-inc-in-primetals-technologies/), 2019-12-01: "The proposed transaction entails the acquisition of remaining 49% of the total shareholding in PT by MHI (through MHMM) from Siemens AG." --- Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.