Mitsubishi Heavy Industries Acquires Concentric, LLC

October 3, 2023

Mitsubishi Heavy Industries, Ltd. (MHI) completed the acquisition of 100% of Concentric, LLC from OnPoint Group on October 2. The acquisition establishes a new North American structure to expand MHI’s capabilities in power systems, electrification and energy services for data centers, logistics warehouses and industrial facilities.

Buyers
Mitsubishi Heavy Industries, Ltd.
Targets
Concentric, LLC
Sellers
OnPoint Group
Industry
Energy
Location
Texas, United States
Transaction Type
Buyout

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