Konecranes to acquire 70% majority interest in Mitsubishi Electric FA Industrial Products

Konecranes agreed to acquire a 70% majority interest in Mitsubishi Electric FA Industrial Products (MFK) from Mitsubishi Electric Corporation. The acquisition was announced on July 7, 2026, and will give Konecranes a strong presence in Japan's wire rope hoist market.

“Konecranes is proceeding with its strategic plans to expand its global presence by acquiring a majority 70% interest in Mitsubishi Electric FA Industrial Products.”inderes.se

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• inderes.seKonecranes Oyj: Konecranes strengthens its presence in Japan by entering into an agreement to acquire a majority interest in Mitsubishi Electric FA Industrial Products - InderesApr 3, 2023

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