Mitsubishi Electric Acquires Irish Elevator Company Infinity Lifts
MITSUBISHI ELEC UNSP/ADR (MIELY)
NASDAQ:AMEX Investor Relations:
mitsubishielectric.com/company/ir/index.html
Company Research
Source: Business Wire
Stronger Irish market presence will support elevator and escalator business expansion across Europe TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today 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. After completing its acquisition of Ascension Lifts Limited in April 2025, Mitsubishi Electric is now strengthening it
Show less
Read more
Impact Snapshot
Event Time:
MIELY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MIELY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MIELY alerts
High impacting MITSUBISHI ELEC UNSP/ADR news events
Weekly update
A roundup of the hottest topics
MIELY
News
- Mitsubishi Electric Acquires Irish Elevator Company Infinity Lifts [Yahoo! Finance]Yahoo! Finance
- Mitsubishi Electric Group Launches New Corporate Philosophy [Yahoo! Finance]Yahoo! Finance
- Mitsubishi Electric Group Launches New Corporate PhilosophyBusiness Wire
- Mitsubishi Electric US, Inc., Elevator and Escalator Division Introduces Diamond-Trac® Streamline for Passenger Elevators and Debuts New Elevator Configurator Tool [Yahoo! Finance]Yahoo! Finance
- Mitsubishi Electric US, Inc., Elevator and Escalator Division Introduces Diamond-Trac® Streamline for Passenger Elevators and Debuts New Elevator Configurator ToolBusiness Wire