# 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.

- Type: Acquisition
- Announced: 2020-07-31
- Where: Yokohama, Japan
- Status: announced
- Products: gas turbines for thermal power generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (acquirer)
- [Mitsubishi Hitachi Power Systems](https://endata.com/companies/1024.md) (target)
- [Hitachi](https://endata.com/companies/1325.md) (target)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGXMZO62144170R30C20A7XA0000/), 2020-07-31: "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。"

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