BEMAC and Mitsui & Co agree to acquire The Switch group from Yaskawa

BEMAC Corporation, with Mitsui & Co., signed a share purchase agreement to acquire 100% of The Switch Engineering Oy and its group from Yaskawa Europe Holding. The Vaasa, Finland maker produces permanent magnet machines, DC distribution solutions, high-power AC drives and high-speed induction motors. The price was not disclosed.

“BEMAC, as majority shareholder, together with Mitsui have entered into a share purchase agreement to acquire 100% of the shares of The Switch from Yaskawa Europe Holding AB.”theswitch.com

• 1 source
• theswitch.comBEMAC Corporation in partnership with Mitsui & Co to acquire 100% of The Switch group | The SwitchOct 20, 2023

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