Mitsui & Company, a leading Japanese trading firm, has acquired an 18.5% stake in Bangladesh-based ACI Motors Limited for $22.75 million via its Singaporean subsidiary, marking the transaction as foreign direct investment.
Established in 2007, ACI Motors focuses on agricultural mechanization and assembles and sells machinery, vehicles, and marine engines from brands like Yamaha and Yanmar.
With annual revenue exceeding $100 billion, Mitsui aims to leverage its global network to help ACI Motors expand into new markets and product lines, including electric and passenger vehicles. Two Mitsui executives will join ACI Motors to support this growth, while Mitsui plans to contribute to Bangladesh’s market with agri-business, transportation, and infrastructure solutions.
