Add-on Acquisition • Distribution

Mitsubishi Electric Acquires AQS Produkter AB

On April 2, 2020, Mitsubishi Electric acquired distribution company AQS Produkter AB

Acquisition Context
  • This is Mitsubishi Electric’s 1st transaction in the Distribution sector.
  • This is Mitsubishi Electric’s 1st transaction in Sweden.

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M&A Deal Summary

Date April 2, 2020
Target AQS Produkter AB
Sector Distribution
Buyer(s) Mitsubishi Electric
Deal Type Add-on Acquisition

Target Company

AQS Produkter AB

Vastra Frolunda, Sweden
AQS Produkter AB is a comfort, process and IT cooling and heat pump, distributor. AQS Produkter was founded in 1985 and is based in Vastra Frolunda, Sweden.
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Buyer Overview 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 Context for Buyer #
Overall 6 of 20
Sector: Distribution 1 of 1
Type: Add-on Acquisition 6 of 12
Country: Sweden 1 of 3
Year: 2020 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-13 ICONICS

Foxborough, Massachusetts, United States

ICONICS, Inc. is an independent software provider offering real-time visualization, HMI/SCADA, energy management, fault detection, manufacturing intelligence, IoT and a suite of analytics solutions for building automation and operational excellence.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-02 EKE-Electronics

Espoo, Finland

EKE-Electronics Ltd. is a provider of train automation and train management system. EKE-Electronics was founded in 1986 and is based in Espoo, Finland.

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