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Mitsubishi completes acquisition of AG Melco Elevator

Mitsubishi Electric has completed the acquisition of all shares of AG Melco Elevator, an affiliated elevator company based in Dubai, United Arab Emirates, from Rawafed Almustaqbal Group, a 100 percent subsidiary of Al Ghurair Investment, making AG Melco Elevator a wholly owned subsidiary. Mitsubishi Electric and its Tokyo-based subsidiary Mitsubishi Electric Building Solutions Corporation are […]
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Robotics & Automation News broke the news in on Tuesday, December 2, 2025.
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