Tag: Concentric
Japan – MHI Acquires Concentric, LLC: The North American Leader in Power Management Solutions for Material Handling, Data Center and Utility Customers
Mitsubishi Heavy Industries, Ltd. (MHI), one of the world’s foremost industrial groups leading the way in clean energy, today announced the acquisition of Concentric, LLC (Concentric), a top provider of industrial power solutions in North America. MHI has signed an agreement with OnPoint Group to acquire all outstanding membership interests of Concentric for an undisclosed consideration. Dr. Hitoshi Kaguchi, Senior Executive Vice President at MHI said: “We are delighted to add Concentric to our growing portfolio for Smart Infrastructure Solutions. Combining MHI’s technology capabilities with an experienced national service provider immediately benefits facilities across North America, and provides us with ... Read more