M&A Deal Summary

Mitsubishi Electric Acquires Setsuyo Astec

On April 15, 2014, Mitsubishi Electric acquired electrical equipment company Setsuyo Astec

Acquisition Highlights
  • This is Mitsubishi Electric’s 2nd transaction in the Electrical Equipment sector.
  • This is Mitsubishi Electric’s 1st transaction in Japan.

M&A Deal Summary

Date 2014-04-15
Target Setsuyo Astec
Sector Electrical Equipment
Buyer(s) Mitsubishi Electric
Deal Type Add-on Acquisition

Target

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.

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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 3 of 20
Sector: Electrical Equipment M&A 2 of 4
Type: Add-on Acquisition M&A Deals 3 of 12
Country: Japan M&A 1 of 5
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-16 Klimat-Fer

Padova, Italy

Klimat-Fer designs and produces air-conditioning systems for the rail, metropolitan, tram and aircraft transport sectors.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-06 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.

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