# Hitachi to acquire Mitsubishi Electric's distribution transformer business

Hitachi Industrial Equipment Systems will acquire Mitsubishi Electric's distribution transformer business, including the Nagoya plant. The transfer will begin in October 2024 and is expected to be completed by April 1, 2026.

- Type: Acquisition
- Announced: 2024-05-27
- Where: Nagoya, 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) (target)
- [Hitachi Industrial Equipment Systems](https://endata.com/companies/5372.md) (acquirer)

## Sources

- [sk.pretekcn.com](https://sk.pretekcn.com/news/after-swallowing-abb-s-grid-business-hitachi-77997544.html), 2024-05-27: "5. apríla Hitachi a Mitsubishi Electric spoločne oznámili podrobnosti transakcie."

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