Announced
Financials
Tags
mobility-as-a-service
Acquisition
Pending
Single Bidder
Finland
IT Services: Other
Private
Friendly
Private Equity
Synopsis
Mitsubishi Corporation, Japan's largest trading company and a member of the Mitsubishi keiretsu, agreed to invest in Finland’s MaaS Global, a mobility-as-a-service provider. Financial terms were not disclosed. Leveraging this third-party share acquisition, Mitsubishi plans to take advantage of its global network and broad industry presence to develop MaaS Global’s operations throughout Asia and other parts of the world. Mitsubishi is also aiming to form tie-ups with mobility players in other sectors like real estate, retail and tourism to develop a new “Beyond MaaS” business model that encompasses more than mobility services.
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