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Mitsubishi Heavy Industries to fully acquire MHPS from Hitachi · Endata

◂ Announcements

Jul 31, 2020ACQUISITIONYokohama, Japan

Mitsubishi Heavy Industries to fully acquire MHPS from Hitachi

Mitsubishi Heavy Industries announced it will fully acquire Mitsubishi Hitachi Power Systems (MHPS) from Hitachi on September 1, 2020, making it a wholly owned subsidiary and renaming it Mitsubishi Power.

Status

Announced

Productsgas turbines for thermal power generation

CompaniesMitsubishi Heavy Industries acquirer Mitsubishi Hitachi Power Systems target Hitachi target

Sectors#Power Generation Equipment

“三菱重工業は31日、日立製作所と共同出資している火力発電子会社、三菱日立パワーシステムズ（MHPS、横浜市）を9月1日に完全子会社化すると発表した。”nikkei.com

1 source
nikkei.com三菱重工、日立と共同出資の火力発電を9月完全子会社化 - 日本経済新聞Nikkei Inc.Jul 31, 2020

Summarized from public sources; check the original articles before acting on it.

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