# Hitachi Astemo to merge with subsidiary Hitachi Astemo Electric Motor Systems

Hitachi Astemo, Ltd. will absorb its wholly owned subsidiary Hitachi Astemo Electric Motor Systems, Ltd. in an absorption-type merger effective April 1, 2024, to strengthen its electric powertrain strategy.

- Type: Acquisition
- Announced: 2023-12-08
- Where: Tokyo, Japan
- Status: announced
- Products: electric powertrain systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hitachi Astemo](https://endata.com/companies/8431.md) (acquirer)
- [Hitachi Astemo Electric Motor Systems](https://endata.com/companies/74287.md) (target)

## Sources

- [astemo.com](https://www.astemo.com/en/news/20231208-01/), 2023-12-08: "Hitachi Astemo, Ltd. (“Hitachi Astemo”) announces that Hitachi Astemo and wholly owned subsidiary Hitachi Astemo Electric Motor Systems, Ltd., will conduct an absorption-type merger on April 1, 2024."

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