M&A Deal Summary

Mitsubishi Electric Acquires AG Melco Elevator

On November 21, 2025, Mitsubishi Electric acquired machinery company AG Melco Elevator from Al Ghurair

Acquisition Highlights
  • This is Mitsubishi Electric’s 1st transaction in the Machinery sector.
  • This is Mitsubishi Electric’s 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2025-11-21
Target AG Melco Elevator
Sector Machinery
Buyer(s) Mitsubishi Electric
Sellers(s) Al Ghurair
Deal Type Divestiture

Target

AG Melco Elevator

Dubai, United Arab Emirates
AG Melco Elevator provides design, sales, installation, maintenance and modernisation services for elevators, escalators, moving walks and dumbwaiters. AG Melco Elevator was founded in 1975 and is headquartered in Dubai, United Arab Emirates.

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Buyer(S) 1

Buyer

Mitsubishi Electric

Tokyo, Japan

Category Company
Founded 1921
Sector Electrical Equipment
Employees149,914
Revenue 5.52T JPY (2025)
DESCRIPTION

Mitsubishi Electric engages in the manufacture and sales of electrical and electronic products and systems used in a broad range of fields and applications. Mitsubishi Electric was founded in 1921 and is based in Tokyo, Japan.


DEAL STATS #
Overall 20 of 20
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Arab Emirates M&A 1 of 1
Year: 2025 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-12 Mitsubishi Electric s Three-Phase Motor Business

Tokyo, Japan

Mitsubishi Electric's Three-Phase Motor Business comprises three-phase and Interior Permanent Magnet (IPM) motor businesses, together with the production facilities and lines at Mitsubishi Electric’s Shinshiro Factory, a satellite site of its Nagoya Works in Shinshiro City, Aichi Prefecture. (Nagoya Works remains Mitsubishi Electric’s principal factory automation (FA) manufacturing campus and will continue to develop and produce a wide range of FA control equipment.) The industrial motor, pump, and die casting businesses operated by Mitsubishi Electric's Thai subsidiary, Mitsubishi Electric Automation (Thailand) Co., Ltd.

Sell -

Seller(S) 1

SELLER

Al Ghurair

Dubai, United Arab Emirates

Category Company
Founded 1960
Sector Diversified
DESCRIPTION

Al Ghurair is a diversified conglomerate operating across sectors including food, mobility, infrastructure, real estate and property management. Al Ghurair was founded in 1960 and is headquartered in Dubai, United Arab Emirates.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Arab Emirates M&A 1 of 1
Year: 2025 M&A 1 of 1