# Mitsubishi Heavy Industries to integrate Mitsubishi Power effective October 1, 2021

Mitsubishi Heavy Industries has concluded an absorption-type split agreement to integrate Mitsubishi Power's business operations and employees, effective October 1, 2021, to accelerate Energy Transition solutions.

- Type: Acquisition
- Announced: 2021-07-30
- Where: Japan
- Status: announced
- Products: thermal power generation systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (acquirer)
- [Mitsubishi Power](https://endata.com/companies/7073.md) (target)

## Sources

- [mhi.com](https://www.mhi.com/news/210730.html), 2021-07-30: "An absorption-type split agreement to integrate the two companies' business operations has now been concluded, whereby the business operations and employees of Mitsubishi Power will be taken over by MHI effective October 1, 2021."

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