1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Switzerland >
  5. Mitsubishi Electric Acquires ASTES4 SA

M&A Deal Summary

Mitsubishi Electric Acquires ASTES4 SA

On August 6, 2018, Mitsubishi Electric acquired automotive company ASTES4 SA

Acquisition Highlights
  • This is Mitsubishi Electric’s 1st transaction in the Automotive sector.
  • This is Mitsubishi Electric’s 1st transaction in Switzerland.

M&A Deal Summary
Date 2018-08-06
Target ASTES4 SA
Sector Automotive
Buyer(s) Mitsubishi Electric
Deal Type Add-on Acquisition

Target

ASTES4 SA

Balerna, Switzerland
ASTES4 SA is a provider of flexible automated sorting solutions for the loading, unloading and specially sorting of various materials using its own patented technology with superior system engineering capabilities that can integrate the entire automation system. ASTES4 is based in Balerna, Switzerland.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 4 of 20
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 12
Country: Switzerland M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-15 Setsuyo Astec

Osaka, Japan

Setsuyo Astec Corporation is a factory-automation (FA) equipment sales firm operating in 10 Asian countries and regions, to enhance Mitsubishi Electric's presence in these markets.

Buy -
FOLLOWING 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.

Buy -
Mergr

Solution for

Product

Company

Legal