Houlihan Lokey Advises Mitsubishi Electric Mobility

Houlihan Lokey is pleased to announce that Mitsubishi Electric Mobility Corp. (MELMB) has entered into a basic integration agreement with Stanley Electric Co., Ltd. (Stanley) to establish a joint venture company to expand the lamp system business for next-generation vehicles. The transaction is expected to close in October 2025.

Headquartered in Tokyo, Japan, MELMB was established in April 2024, following the spinoff of Mitsubishi Electric Corp.’s automotive equipment business. MELMB is a leading automobile parts supplier, specializing in electrification, ADAS, powertrain, vehicle control products, and in-vehicle infotainment.

Headquartered in Tokyo, Japan, Stanley is a manufacturer of automotive lighting systems, electronic components, and applied electronic products. Founded in 1920, Stanley offers a wide range of products for automotive exterior and interior, industrial/medical, telecommunications, and lighting/amusement sectors.

The new joint venture will develop, design, manufacture, and sell electronic and control components for automotive lamp systems used in next-generation four-wheel and two-wheel vehicles.

This transaction enables MELMB and Stanley to develop high-value-added products that will contribute to achieving a sustainable society where zero traffic fatalities in the mobility society can be achieved. The companies aim to maximize the synergies between Stanley’s optical control system technology, which contributes to safety and reliability through automotive lamp systems, and MELMB’s advanced control systems technology.

Houlihan Lokey is serving as the exclusive financial advisor to MELMB. This transaction underscores Houlihan Lokey’s extensive expertise in the automotive parts sector and highlights its proven ability to execute complex transactions.

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