# Panasonic acquires Union Rhac Tecnologia in Brazil

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.

- Type: Acquisition
- Announced: 2018-09-01
- Where: Brazil
- Status: completed
- Products: commercial air conditioners, absorption chillers, gas-cogeneration systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Panasonic](https://endata.com/companies/1026.md) (acquirer)
- [UNION RHAC TECNOLOGIA](https://endata.com/companies/26894.md) (target)

## Sources

- [refindustry.com](https://refindustry.com/news/panasonic-acquires-union-rhac-tecnologia/), 2018-12-03: "Through this acquisition, Panasonic will leverage UR's knowhow in this field to establish its presence in Brazil's air conditioner market."

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