Japan’s Mitsubishi Heavy Industries (MHI) is to hold talks with Mitsui Engineering & Shipbuilding (Mitsui E&S) over the potential acquisition of the company’s naval and commercial shipbuilding business.Request a free consultation to find out how in a world of fake news and ever growing conflict, Janes can provide you with unbiased, verified open-source intelligence.Mitsui E&S added that the two sides want to conclude a deal by the end of the year, with the shipbuilding transfer completed by October 2021.MHI is looking to acquire Mitsui E&S’ shipbuilding business, which in January launched the JMSDF’s third Hibiki-class ocean surveillance ship. It operates through the following segments: Ship, … Such engagement was driven, in part, by growing fiscal challenges facing Mitsui E&S, which has posted net losses over the past three years.MHI earlier indicated that the acquisition would strengthen its defence shipbuilding operations. Since its establishment in 1917, Mitsui Engineering & Shipbuilding (MES) has provided trusted products and plants for the society. MITSUI ENGINEERING & SHIPBUILDING CO., LTD. (the "Business") is a Foreign Company Registered In Singapore, incorporated on 28 December 1980 (Sunday) in Singapore. Mitsui E&S Holdings Co., Ltd. provides investment holdings in engineering, construction, and shipbuilding services. Utilizing our global operating locations, network and information resources, we are multilaterally pursuing business that ranges from product sales, worldwide logistics and financing, through to the development of major international infrastructure and other projects. MES has 3 main business segment, which are Ship & Ocean, Machinery & Systems, and Engineering. Machinery & Systems segment mainly provides marine diesel engines and cran... MHI KOBE SHIPYARD & MACHINERY WORKS The address of the Business's registered office is at the ROBINSON 112 building. (JMSDF)Japan’s Mitsubishi Heavy Industries (MHI) is to hold talks with Mitsui Engineering & Shipbuilding (M...In late 2019 the two companies are also thought to have held discussions about a possible amalgamation with a view to collaboration on defence contracts. Japan’s Mitsubishi Heavy Industries (MHI) is to hold talks with Mitsui Engineering & Shipbuilding (Mitsui E&S) over the potential acquisition of the … Mitsui Engineering & Shipbuilding (三井造船, Mitsui Zōsen) (TYO: 7003) is a Japanese company. 2 years have passed, since Mitsui E&S Engineering Co., Ltd. ("the Company") was established on April 1, 2018 as a wholly owned subsidiary of Mitsui E&S Holdings Co., Ltd. (formerly Mitsui Engineering & Shipbuilding Co., Ltd.). It is listed on the Nikkei 225. MES is a global multidiscipline engineering company which possesses combined techniques based on a wide range of product lines, from marine vessels, environmental recycling, construction of social infrastructure, advanced mechanical systems, and power and energy systems. - MITSUI & CO., LTD. “Mitsui E&S has strengths in shipbuilding and repair for the Ministry of Defense including supply vessels and observation ships,” MHI said in a statement reported by the Reuters news agency.Mitsui E&S said that the potential sale of its naval shipbuilding business would enhance MHI’s “products and technologies [to] further contribute to Japan’s security and enhance its corporate value”.