Mitsubishi Electric merges Climaveneta, RC Group and DeLclima Finance into single entity

The board of Climaveneta, RC Group, and DeLclima Finance approved the merger of the three companies into a single entity, to become operational as Mitsubishi Electric Hydronics & IT Cooling Systems SpA from January 1, 2017.

“The Italian air conditioning companies, purchased by Mitsubishi Electric at the beginning of this year, will become operational as Mitsubishi Electric Hydronics & IT Cooling Systems SpA from January 1.”coolingpost.com

• 4 sources
• coolingpost.comDeLclima confirms new group structure - Cooling PostNeil EverittNov 29, 2016
• hvacnews.itClimaveneta, RC Group e DeLclima Finance diventano Nasce Mitsubishi Electric Hydronics & IT Cooling Systems - HVAC NewspivariDec 16, 2016
• just-auto.comClimaveneta/RC Group merge to expand Mitsubishi Electric's HVAC business - Just AutoadminDec 19, 2016
• heatingandventilating.netMitsubishi Electric Hydronics & IT Cooling Systems to launch on 1st JanuaryHVR editorDec 19, 2016

Summarized from public sources; check the original articles before acting on it.