# Turkish competition authority approves Mitsubishi Heavy Industries joint control of Form VRF

The Turkish Competition Board approved the transaction for Form VRF Sistemleri Sanayi ve Ticaret A.Ş. to come under joint control of Form Grubu and Mitsubishi Heavy Industries Air-Conditioning Europe Ltd.

- Type: Acquisition
- Announced: 2019-03-28
- Where: Türkiye
- Status: announced
- Products: VRF systems, air conditioning
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Mitsubishi Heavy Industries Air-Conditioning Europe](https://endata.com/companies/30695.md) (acquirer)
- [Form VRF Sistemleri Sanayi ve Ticaret A.Ş.](https://endata.com/companies/38281.md) (target)
- [Form Grubu](https://endata.com/companies/38282.md) (partner)

## Sources

- [kfd.com.tr](https://www.kfd.com.tr/kararlar/form-tek-kontrolunde-vrf-sistemleri-mitsubishi-heavy-19-13-162-72), 2019-03-28: "Form Grubu’nun tek kontrolünde bulunan Form VRF Sistemleri Sanayi ve Ticaret A.Ş.’nin Mitsubishi Heavy Industries Ltd.’nin iştiraki olan Mitsubishi Heavy Industries Air–Conditioning Europe Ltd. ile Form Grubu’nun ortak kontrolüne geçmesi işlemine izin verilmesi talebi."

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