Ingersoll-Rand and Mitsubishi Electric agree 50-50 joint venture for ductless and VRF systems

Ingersoll-Rand and Mitsubishi Electric Corporation agreed to establish a 50-50 joint venture for ductless and VRF HVAC systems, pending global antitrust review. The agreement was reported on January 17, 2018.

“Ingersoll-Rand and Mitsubishi Electric Corporation have entered into an agreement to establish a 50-50 joint venture pending global antitrust review.”achrnews.com

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• achrnews.comHVAC Engineering News - Articles - Page 177 | ACHR NewsJan 19, 2018

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