The deal, expected to close in the first half of fiscal 2026, would deepen Mitsubishi Electric’s rail and power electronics base in Europe. Photo by Bruno Kelzer on Unsplash
Bruno Kelzer
Mitsubishi Electric said on August 7 it had agreed to acquire the remaining shares of Polish rail electrical equipment manufacturer MEDCOM Sp.z o.o., giving the Japanese industrial group full ownership of the company through its wholly owned subsidiary Mitsubishi Electric Europe B.V.
The transaction is expected to close in the first half of fiscal 2026, subject to regulatory approvals. Financial terms were not disclosed.
Mitsubishi Electric first invested in MEDCOM in 2016. Since then, the Warsaw-based company has become a core part of the group’s overseas transportation business, particularly in Europe, where it designs, manufactures, sells and services electrical equipment for railway and electric urban transit vehicles, including auxiliary power supply systems and traction control systems.
MEDCOM also makes industrial power electronics equipment. It has used Mitsubishi Electric’s silicon carbide, or SiC, power devices to develop rail equipment with higher output and reduced size and weight, supporting business expansion in the European market.
Mitsubishi Electric said full ownership would allow it to integrate management resources, speed up decision-making, and improve operating efficiency and competitiveness. The company also plans to use MEDCOM as a development and manufacturing hub for components and solutions not only for transportation but also for broader social infrastructure-related businesses.
MEDCOM was founded in 1988 and had about 450 employees as of June 2026. The company is headed by Marek Niewiadomski.
Mitsubishi Electric cited Europe as the world’s largest railway market, referring to UNIFE’s World Rail Market Study 2024. It said regional demand is being supported by plans to expand high-speed rail links between major cities across the European Union, domestic rail network expansion in countries including Poland, and rising replacement demand for aging rolling stock and related infrastructure.
Mitsubishi Electric operates across businesses including social systems, energy systems, defense and space systems, factory automation, automotive equipment, building systems, air conditioning and home appliances, digital innovation, and semiconductors and devices. The group has more than 200 companies worldwide and about 150,000 employees. Consolidated sales for fiscal 2025 were 5.8947 trillion yen.