# Mitsubishi Electric and Mitsubishi Heavy Industries to merge generator businesses into joint venture

Mitsubishi Electric and Mitsubishi Heavy Industries signed an integration agreement to merge their generator businesses into a joint venture, effective April 1, 2024.

- Type: Acquisition
- Announced: 2023-05-29
- Where: Japan
- Status: announced
- Products: generators
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (partner)
- [Mitsubishi Electric](https://endata.com/companies/2378.md) (partner)

## Sources

- [acnnewswire.com](https://acnnewswire.com/press-release/japanese/84254/%E4%B8%89%E8%8F%B1%E9%9B%BB%E6%A9%9F%E3%81%A8%E4%B8%89%E8%8F%B1%E9%87%8D%E5%B7%A5%E3%81%AE%E4%BC%9A%E7%A4%BE%E5%88%86%E5%89%B2%EF%BC%88%E7%B0%A1%E6%98%93%E5%90%B8%E5%8F%8E%E5%88%86%E5%89%B2%EF%BC%89%E3%81%AB%E3%82%88%E3%82%8B%E7%99%BA%E9%9B%BB%E6%A9%9F%E5%88%86%E9%87%8E%E3%81%A7%E3%81%AE%E4%BA%8B%E6%A5%AD%E7%B5%B1%E5%90%88%E3%81%AB%E9%96%A2%E3%82%8F%E3%82%8B%E7%B5%B1%E5%90%88%E5%A5%91%E7%B4%84%E7%B7%A0%E7%B5%90%E3%81%AB%E9%96%A2%E3%81%99%E3%82%8B%E3%81%8A%E7%9F%A5%E3%82%89%E3%81%9B), 2023-05-29: "三菱電機と三菱重工の会社分割（簡易吸収分割）による発電機分野での事業統合に関わる統合契約締結に関するお知らせ"

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