# Mitsubishi Electric and MHI to integrate power-generator systems businesses

Mitsubishi Electric and Mitsubishi Heavy Industries signed a definitive agreement to integrate their power-generator systems businesses under a joint venture, effective April 1, 2024.

- Type: Acquisition
- Announced: 2023-05-29
- Where: Japan
- Status: announced
- Products: power-generator systems
- 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

- [mhi.com](https://www.mhi.com/news/23052901.html), 2023-05-29: "Mitsubishi Electric and Mitsubishi Heavy Industries announced today that they have reached a definitive agreement to integrate their power-generator systems businesses under a joint venture."

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