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Trusted by
Acquiring Company
ABB Ltd
Acquired Company
Mitsubishi Electric low-voltage power distribution business in Japan
Description
ABB will pay around US$495 million for a 51% stake in a joint venture with Mitsubishi Electric Corp. The joint venture covers a low-voltage power distribution business in Japan. The deal is part of ABB's ongoing acquisition activity.
Fundz sees it the moment ABB Ltd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Mitsubishi Electric low-voltage power distribution business in Japan?
Mitsubishi Electric low-voltage power distribution business in Japan was acquired by ABB Ltd, based in Zurich. The deal was reported on October 20, 2026. ABB Ltd is a global technology leader in electrification and automation, known for its innovative solutions in various industrial sectors. ABB Ltd is publicly traded (ABLZF) and operates in Manufacturing.
When did ABB Ltd acquire Mitsubishi Electric low-voltage power distribution business in Japan?
ABB Ltd's acquisition of Mitsubishi Electric low-voltage power distribution business in Japan was reported on October 20, 2026. ABB will pay around US$495 million for a 51% stake in a joint venture with Mitsubishi Electric Corp. The joint venture covers a low-voltage power distribution business in Japan. The deal is part of ABB's ongoing acquisition activity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Mitsubishi Electric low-voltage power distribution business in Japan do?
The unit is a low-voltage power distribution business in Japan that is being placed into a joint venture with Mitsubishi Electric Corp. ABB will take a 51% stake. The unit's parent company is Mitsubishi Electric Corp. It is privately held, and is based in Japan.
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