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Notice of Acquisition of U.S. Material Handling Equipment Dealer, Pon Material Handling NA, Inc.

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Mitsubishi Logisnext Co., Ltd. (the “Company”) is pleased to announce that as a result of the Board of Directors meeting

held today on April 11, 2019, the Company’s consolidated subsidiary Mitsubishi Logisnext Americas Inc. (“MLNA”) will

acquire all of the outstanding equity interests of Pon Material Handling, NA, Inc. (“PMH”), a U.S. material handling

equipment dealer operating its business under the name of Equipment Depot.


About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.