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UniCarriers sold to Mitsubishi

UniCarriers sold to Mitsubishi

The sale of UniCarriers to Mitsubishi Heavy Industries has completed.

The notification was received by means of the following press release from UniCarriers:

"As notified on July 31, 2015, as of today, all shares of UniCarriers Holdings Corporation (“UniCarriers” headquartered in Kawasaki, Kanagawa; Akira Shiki, President and CEO) have been transferred to Mitsubishi Heavy Industries Forklift & Engine Turbocharger Holdings, Ltd. (“MFET” headquartered in Kawasaki, Kanagawa; Atsushi Maekawa, President and CEO) which is a 100% owned subsidiary of Mitsubishi Heavy Industries, Ltd. (“MHI” headquartered in Minato-ku, Tokyo; Shunichi Miyanaga, President and CEO) and Mitsubishi Nichiyu Forklift Co., Ltd. (“MN” headquartered in Nagaokakyo, Kyoto; Hideaki Ninomiya, President and CEO) .

"Equity interests will consist of MFET holding 65.0% and MN holding 35.0%, making UniCarriers a sub-subsidiary of MHI."

We await with interest news from the new organisation of its marketing stregy for its brands, namely Mitsubishi, Atlet, TCM and, of course, UniCarriers.

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