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Mitsubishi Electric Agrees to Form Low-Voltage Power Distribution Joint Venture With ABB

20. Oct 2026

(AWP Alliance News) - Mitsubishi Electric has agreed to form a joint venture with ABB for its low-voltage power distribution business. ABB's Japanese subsidiary will own 51% of the venture, with Mitsubishi retaining 49%. The transaction is scheduled to close on October 1, 2027. The business generated net sales of 102.2 billion yen in the fiscal year ended March 2026. The partnership aims to strengthen global competitiveness by combining the business's strong Japanese market position with ABB's technologies and global sales network.

https://docs.publicnow.com/00F502F3F3EC7A797729D5BA4912F09501AFAD77

Disclaimer: This news brief was created using generative artificial intelligence. Mitsubishi Electric Corporation published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.

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