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Panasonic acquires Brazilian air conditioning engineering firm UNION RHAC TECNOLOGIA · Endata

◂ Announcements

Sep 1, 2017ACQUISITIONBarueri, Sao Paulo, Brazil

Panasonic acquires Brazilian air conditioning engineering firm UNION RHAC TECNOLOGIA

Panasonic Corporation completed the acquisition of UNION RHAC TECNOLOGIA, a Brazilian air conditioning engineering company, on September 1, 2017. The deal value was not disclosed.

Status

Completed

Productsabsorption chillersgas heat pumpsgas-cogeneration systems

CompaniesPanasonic acquirer UNION RHAC TECNOLOGIA target

Sectors#HVAC and Industrial Refrigeration

“Through this acquisition, Panasonic will leverage UR's knowhow in this field to establish its presence in Brazil's air conditioner market.”news.panasonic.com

1 source
news.panasonic.comPanasonic Acquires UNION RHAC TECNOLOGIA, Brazilian Air Conditioning Engineering Company | Management/Financials | Company | Press Releases | Panasonic Newsroom GlobalSep 12, 2017

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

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