Mitsubishi Electric Building Solutions Corporation (MEBS), led by President Iwao Oda, announced the completion of its acquisition of Mitsubishi Hitachi Home Elevator Co., Ltd. on April 15, 2026. MEBS acquired all shares from Hitachi, Ltd. (President & CEO Toshiaki Tokunaga). Consequently, the subsidiary's name has been changed to Mitsubishi Electric Home Elevator Co., Ltd. MEBS, established in April 2022 to integrate building system operations from development to maintenance, aims to strengthen its home elevator business and contribute to smart city development as a comprehensive building solution provider.

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  • Source: PR TIMES
  • Category: M&A