# Climaveneta and RC Group merge into Mitsubishi Electric Hydronics & IT Cooling Systems

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.

- Type: Acquisition
- Announced: 2016-12-23
- Where: Italy
- Status: announced
- Products: commercial HVAC equipment, chillers, IT cooling systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Mitsubishi Electric Europe](https://endata.com/companies/6318.md)
- [Climaveneta](https://endata.com/companies/20252.md) (target)
- [RC Group](https://endata.com/companies/20253.md) (target)

## Sources

- [achrnews.com](https://www.achrnews.com/articles/134122-climaveneta-and-rc-group-to-merge-become-mitsubishi-electric-hydronics-it-cooling-systems), 2016-12-23: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.