Mitsubishi Heavy Industries Sells Mitsubishi Logisnext to Japan Industrial Partners

The Japanese conglomerate has agreed to transfer ownership of its logistics equipment subsidiary to private equity firm Japan Industrial Partners.

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Terms & Concepts
  • Acquisition: The process in which one company purchases most or all of another company's shares or assets to gain control of that company.
  • Subsidiary: A company controlled by another company, typically referred to as the parent company.