Ingersoll Rand and Mitsubishi Electric form 50-50 joint venture

Ingersoll Rand and Mitsubishi Electric Corp. agreed to establish a 50-50 joint venture to market, sell, and distribute ductless and VRF HVAC systems in the U.S. and select Latin American countries.

“Ingersoll Rand and Mitsubishi Electric Corp. announced they have entered into an agreement to establish a 50-50 joint venture (JV) pending global antitrust review.”achrnews.com

• 1 source
• achrnews.comIngersoll Rand, Mitsubishi Electric Enter Joint Venture | 2018-02-05 | ACHRNEWS | ACHR NewsKyle GargaroFeb 5, 2018

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