# Mitsubishi Electric to transfer distribution transformer business to Hitachi Industrial Equipment Systems

Mitsubishi Electric will transfer its distribution transformer business from Nagoya Works to Hitachi Industrial Equipment Systems, with transfer starting October 2024 and completing by April 2026.

- Type: Acquisition
- Announced: 2024-04-01
- Where: Nagoya, Japan, Japan
- Status: announced
- Products: distribution transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Mitsubishi Electric](https://endata.com/companies/2378.md) (partner)
- [Mitsubishi Electric](https://endata.com/companies/2378.md) (target)
- [Hitachi Industrial Equipment Systems](https://endata.com/companies/5372.md) (acquirer)

## Sources

- [hitachi.com](https://www.hitachi.com/en/press/articles/2024/04/0405a/), 2024-04-01: "Mitsubishi Electric Corporation today announced that they have agreed to transfer the distribution transformer business of Mitsubishi Electric's Nagoya Works... to Hitachi Industrial Equipment Systems and integrate their businesses."
- [prtimes.jp](https://prtimes.jp/main/html/rd/p/000000113.000120285.html), 2024-04-05: "三菱電機の名古屋製作所における配電用変圧器事業を日立産機システムに譲渡し、両社の事業を統合することに合意しました。"

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