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Panasonic Corporation has completed the acquisition of Union Rhac Tecnologia (UR), a Brazilian air conditioning engineering company, on September 1. UR specializes in engineering, installation and after-sales services for commercial air conditioners.
“Through this acquisition, Panasonic will leverage UR's knowhow in this field to establish its presence in Brazil's air conditioner market.”refindustry.com
Summarized from public sources; check the original articles before acting on it.