Mitsubishi Electric Acquires Irish Elevator Company Infinity Lifts
Japan, April 1 -- Mitsubishi Electric Corporation announced that it has agreed to wholly acquire the shares of Infinity Lifts Limited, an Irish elevator company based in Ennis, effective March 18. The transaction is expected to be completed in the first half of 2026, subject to the approval of the necessary regulatory authorities and the fulfillment of other customary closing conditions.Mitsubishi Electric and its Tokyo-based subsidiary Mitsubishi Electric Building Solutions Corporation are expanding their maintenance and renewal businesses in Europe under the lead of Motum AB, a wholly owned subsidiary headquartered in Stockholm, Sweden. The initiative is a key element of Mitsubishi Electric's strategy to grow its building systems business...
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