# Hitachi acquires remaining 19.9% stake in Hitachi Energy from ABB

Hitachi Ltd signed a share transfer agreement to acquire the remaining 19.9% shares of Hitachi Energy from ABB Ltd, ahead of schedule. The transfer is expected to complete by end of December 2022.

- Type: Acquisition
- Announced: 2022-09-30
- Where: Switzerland
- Status: announced
- Products: power transmission and distribution equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hitachi](https://endata.com/companies/1325.md) (acquirer)
- [ABB](https://endata.com/companies/1547.md) (target)
- [Hitachi Energy](https://endata.com/companies/15140.md) (target)

## Sources

- [tndindia.com](https://www.tndindia.com/hitachi-acquires-remaining-shares-from-abb-ahead-of-schedule/), 2022-09-30: "Hitachi, Ltd has signed a share transfer agreement for the remaining 19.9 per cent shares from ABB Ltd, pursuant to the acquisition agreement signed on December 17, 2018."

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