Mitsui & Co., one of Japan’s largest general trading companies, has acquired an 18.5% stake in Bangladesh’s ACI Motors Limited for $22.75 million through its Singaporean subsidiary. The investment, received as foreign direct investment, aims to leverage Mitsui’s global network to help ACI Motors expand internationally and diversify its product range to include rice processing equipment and electric and passenger vehicles. ACI Motors, a subsidiary of ACI Group, focuses on agricultural and construction machinery, commercial vehicles, motorcycles, and marine diesel engines. With annual revenues exceeding $100 billion, Mitsui plans to contribute to Bangladesh’s growing markets by providing integrated solutions in agri-business, transportation, and infrastructure, while two of its executives join ACI Motors’ board to support this vision.
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