Merger Notification - Announcement according to § 10 Cartel Act
Konecranes Sweden Holding AB; Mitsubishi Electric FA Industrial Products Corporation; Mitsubishi Electric Corporation
BWB/Z-7518
On 14.10.2026 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Konecranes Sweden Holding AB, Sweden, a wholly-owned subsidiary of Konecranes Plc, Finland, intends to acquire a 70% shareholding in and thereby sole control over Mitsubishi Electric FA Industrial Products Corporation, Japan.
The proposed concentration concerns the manufacture and supply of wire rope hoists and in dustrial geared motors.
C - MANUFACTURING C 28 - Manufacture of machinery and equipment n.e.c., C 28.1 - Manufacture of general-purpose machinery, C 28.15 - Manufacture of bearings, gears, gearing and driving elements
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 11.11.2026.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.