middleeastnewsroom
15 hours ago2 min read
Mitsubishi Electric Completes Acquisition of AG MELCO Elevator
Will strengthen operations in the Middle East and enhance global building systems business ( BUSINESS WIRE ) -- Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has completed the acquisition of all shares of AG MELCO Elevator Co. L.L.C., an affiliated elevator company based in Dubai, Emirate of Dubai, United Arab Emirates, from Rawafed Almustaqbal Group L.L.C, a 100% subsidiary of Al Ghurair Investment L.L.C., making AG MELCO Elevator a wholly owned sub
