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Makita acquires Panasonic Electric Works power tools

PRIVATEOct 06, 2026

Acquiring Company

Makita Corporation

Acquired Company

Panasonic Holdings Corporation

TokyoOsakaManufacturing

Description

Makita Corporation has completed the acquisition of Panasonic Electric Works' power tool business as of September 1, 2026. This transaction includes operating assets, contracts, and employees related to the business, enhancing Makita's offerings in industrial fastening. The move aims to integrate Makita's technology with new capabilities from Panasonic's operation, potentially driving growth.

Company Information

Company

Makita Corporation

Location

Tokyo, Tokyo, Japan

About

Makita Corporation is a global manufacturer of power tools and outdoor power equipment. The company is known for its innovative battery and motor technology. It serves various industries including construction and manufacturing. Makita is listed on the Tokyo Stock Exchange.

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Frequently asked

Who acquired Panasonic Holdings Corporation?

Panasonic Holdings Corporation was acquired by Makita Corporation, based in Tokyo. The deal was reported on October 6, 2026. Makita Corporation is a global manufacturer of power tools and outdoor power equipment. The company is known for its innovative battery and motor technology. Makita Corporation is privately held and operates in Manufacturing.

When did Makita Corporation acquire Panasonic Holdings Corporation?

Makita Corporation's acquisition of Panasonic Holdings Corporation was reported on October 6, 2026. Makita Corporation has completed the acquisition of Panasonic Electric Works' power tool business as of September 1, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Panasonic Holdings Corporation do?

Panasonic Holdings Corporation is a global leader in technology and electronics. The company focuses on formulating management strategies, governance, and investment in technology. It is privately held, and is based in Osaka.

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