Mitsubishi Heavy Industries completed the acquisition of TuasOne from Hyflux.

Synopsis

Mitsubishi Heavy Industries, a comprehensive heavy machinery maker, completed the acquisition of TuasOne, a water treatment and distribution infrastructure company, from Hyflux, a sustainable products and research company. Financial terms were not disclosed.

Principals

target

Tuasone Pte

bidder

Mitsubishi Heavy Industries

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Market Context

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Bidder Team (1)

seiji izumisawa

President and CEO at MITSUBISHI HEAVY INDUSTRIES

Manager

bidder

Deals

£ 1.39 B

Total Value

Vendor Team (2)

olivia lum

CEO at HYFLUX LTD

Manager

vendor

Deals

£ 228 M

Total Value

parveet gandoak

Partner at King & Spalding

Lawyer

vendor

Deals

£ 16.55 B

Total Value

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