Mitsubishi Electric.
Japanese electronics and electrical equipments manufacturing company
ABB to pay $495 million for 51 percent stake in Mitsubishi venture
ABB will invest about $495 million for a 51% stake in a joint venture combining Mitsubishi Electric’s low-voltage power distribution business with ABB’s technology and sales network. The deal, expected to close in the second half of 2027, is intended to strengthen ABB’s position in Japan and expand its reach across Asia-Pacific; ABB will have an option to acquire full ownership later.
Business · 11 sources · Oct 20, 2026Read it
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About Mitsubishi Electric
Mitsubishi Electric Corporation is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. The company was established in 1921 as a spin-off from the electrical machinery manufacturing division of Mitsubishi Shipbuilding at the Kobe Shipyard.
Everything about Mitsubishi Electric →- Country
- Japan
- Headquarters
- Chiyoda
- Inception
- 1921
- Website
- https://www.mitsubishielectric.com/, https://www.mitsubishielectric.co.jp/, https://klima.mitsubishielectric.com.tr/tr