Mitsubishi Electric’s Swedish Subsidiary Motum AB to Acquire Norwegian Elevator Distributor UNIHEIS
TOKYO, Apr 28, 2023 – (JCN Newswire) – Mitsubishi Electric Corporation (TOKYO: 6503) revealed that Motum AB, an entirely owned Stockholm-based subsidiary, officially consented to get Oslo-based UNIHEIS AS, which runs an elevator company in Norway as a supplier of Mitsubishi Electric items. Mitsubishi Electric and Mitsubishi Electric Building Solutions (MEBS), which is accountable for the Group’s structure systems service, goal to broaden the European market, where need for upkeep and the renewal of elevators and escalators is anticipated to increase.
Mitsubishi Electric determined the structure systems organization as an essential development locations in its medium-term development strategy, through 2025. MEBS, developed in April 2022, is scaling up its organization to provide services and product which cover the elevator and escalator service from making to upkeep and renewal. In the international elevator and escalator service, especially in Europe, a fully grown market in which upkeep and renewal are anticipated to grow due to aging devices and increasing ecological awareness, Mitsubishi Electric is developing a system that enables it to quickly offer worth to consumers.
UNIHEIS has actually been taken part in the sales and setup of brand-new elevators and upkeep as a Mitsubishi Electric supplier considering that 1985, covering the Nordic area, consisting of Norway and Denmark. Getting and unifying UNIHEIS management with Motum AB follows a series of steps intended to enhance the elevator and escalator company in Europe. Mitsubishi Electric and MEBS will broaden their company with Motum by making ideal usage of UNIHEIS’ skills and competence in the sales, setup and upkeep of Mitsubishi Electric elevators.
About UNIHEIS AS
– Established: 1985
– Location: Oslo, Norway
– Website: http://www.uniheis.no/Hoved.htm
– Employees: 8 (As of March 31, 2023)
– Business: Sales, setup and upkeep of elevators, mostly in Norway
About Motum AB
– Established: 2013
– Location: Stockholm, Sweden
– Website: https://motum.se/
– Employees: Approximately 370 (As of March 31, 2023)
– Business: Sales, setup, upkeep and modernization of elevators and automated doors, mainly in Sweden
About Mitsubishi Electric Corporation
With more than 100 years of experience in offering dependable, premium items, Mitsubishi Electric Corporation (TOKYO: 6503) is an acknowledged world leader in the manufacture, marketing and sales of electrical and electronic devices utilized in info processing and interactions, area advancement and satellite interactions, customer electronic devices, commercial innovation, energy, transport and structure devices. Mitsubishi Electric enhances society with innovation in the spirit of “Changes for the Better.” The business had income of 5,003.6 bil yen (US$ 37.3 bil) in the year ended March 31, 2023. To learn more, please check out www.MitsubishiElectric.com.
* The US$ conversion at 134 yen/US$1 follows the rate on the Tokyo Foreign Exchange Market on March 31, 2023.
About Mitsubishi Electric Building Solutions (MEBS)
Mitsubishi Electric Building Solutions Corporation (MEBS), a combined subsidiary of Mitsubishi Electric Corporation, was developed in April 2022 through a merger of Mitsubishi Electric’s structure systems service and Mitsubishi Electric Building Techno-Service Co., Ltd. With a worldwide existence in 96 nations, MEBS is participated in the advancement, manufacture, sales, setup, repair and maintenance of elevators and escalators with comprehensive structure management systems and options, refrigeration systems and ac system, and advanced digital innovation. MEBS concerns its objective as enhancing individuals’s lives in structures and city areas, objectives understood by its “individuals” and its “innovation”. For additional information, please check out https://www.meltec.co.jp/en/
Consumer Inquiries:
Global Business Development Group
Strategic Planning Office (LBS), Mitsubishi Electric Corporation, www.MitsubishiElectric.com
Media Inquiries:
Public Relations Division
Mitsubishi Electric Corporation, prd.gnews@nk.MitsubishiElectric.co.jp
Business Communications Division:
Mitsubishi Electric Building Solutions Corporation (MEBS), a_meltec-kouhou@meltec.co.jp
Client Inquiries
Global Business Development Group
Strategic Planning Office (LBS)
Mitsubishi Electric Corporation
www.MitsubishiElectric.com/
Media Inquiries
Public Relations Division
Mitsubishi Electric Corporation
prd.gnews@nk.MitsubishiElectric.co.jp
Business Communications Division
Mitsubishi Electric Building Solutions Corporation
a_meltec-kouhou@meltec.co.jp
Source: Mitsubishi Electric Building Solutions Corporation
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