UniCarriers sold to Mitsubishi

April 04, 2016 by Peter MacLeod
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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) .


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"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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