# Mitsubishi Electric acquires Swedish air conditioning distributor AQS Produkter

Mitsubishi Electric Europe B.V., a subsidiary of Mitsubishi Electric Corporation, acquired all shares of AQS PRODUKTER AB, a Swedish distributor of comfort, process and IT cooling systems, on April 1, 2020.

- Type: Acquisition
- Announced: 2020-04-02
- Where: Gothenburg, Sweden, Sweden
- Status: completed
- Products: air conditioning units, chillers, heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Mitsubishi Electric](https://endata.com/companies/2378.md) (acquirer)
- [AQS Produkter AB](https://endata.com/companies/6319.md) (target)

## Sources

- [mynewsdesk.com](https://www.mynewsdesk.com/se/mitsubishi-electric/pressreleases/mitsubishi-electric-europe-bv-foervaervar-svenska-distributoeren-av-luftkonditioneringsaggregat-aqs-produkter-ab-2987735), 2020-04-02: "We welcome AQS to the Mitsubishi Electric family. This is an exciting opportunity for us to strengthen our offering and grow in the Swedish market."
- [cbinsights.com](https://www.cbinsights.com/company/aqs-produkter), 2020-04-02: "On April 2nd, 2020, AQS Produkter was acquired by Mitsubishi Electric Corporation, terms of the agreement were not disclosed."

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