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Mitsubishi Electric announced that its subsidiaries Climaveneta S.p.A. and RC Group S.p.A. will merge and operate as Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. effective January 1, 2017.
“Climaveneta S.p.A. and RC Group S.p.A. will merge and begin doing business as Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. on Jan. 1, 2017.”achrnews.com
Summarized from public sources; check the original articles before acting on it.