Motum

Mitsubishi Electric Acquires Norway’s ALT Heis

Through wholly owned Swedish subsidiary Motum, Tokyo-based Mitsubishi Electric Corp. acquired all shares of Norwegian elevator company ALT Heis, Mitsubishi Electric announced on November 29. The move follows the 2023...

Mitsubishi Electric Acquiring Swedish Elevator Firm Motum

Mitsubishi Electric Corp. is wholly acquiring Sweden-based Motum AB, which operates an elevator and automatic door business, mainly in Sweden, the Tokyo-based company announces. Noting that it formally agreed on...