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Siemens and Mitsubishi form JV

Mitsubishi Heavy Industries (MHI) and Siemens have formed a new joint venture called Primetals Technologies, which is headquartered in London, UK. Primetals will be a complete, global provider for plants, products and services for the iron ore, steel and aluminium industry

Carly Leonida
Siemens and Mitsubishi form JV

Mitsubishi-Hitachi Metals Machinery, an MHI consolidated group company with equity participation by Hitachi and IHI Corp holds a 51% stake in the joint venture and Siemens 49%. With closing of the transaction,...

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