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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Marelli and Highly form joint venture Highly Marelli for compressors and HVAC · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

HVAC and Industrial Refrigerationworld trade 2024+5.3% 5Y CAGR

Sep 8, 2020ACQUISITIONShanghai and Saitama, China

Marelli and Highly form joint venture Highly Marelli for compressors and HVAC

Marelli and Highly International signed an agreement to create Highly Marelli Holdings, a joint venture focused on electrified compressors and HVAC, with legal closing planned for early January 2021.

Status

Announced

Productselectric driven compressorsHVAC systemscabin comfort systems

CompaniesMarelli partner Highly International (Hong Kong) partner

Sectors#Automotive Components #HVAC and Industrial Refrigeration

“Leading automotive supplier Marelli Corporation K.K. and Highly International (Hong Kong) Limited have announced the signing of their agreement to establish a new joint venture, Highly Marelli Holdings Co. Ltd.”aftermarketnews.com

1 source
aftermarketnews.comMARELLI And Highly Create New Joint Venture: Highly MarelliSep 8, 2020

Summarized from public sources; check the original articles before acting on it.

More from Marelli

Jun 22, 2022NEW FACILITYWuhu, Anhui province, China
Highly Marelli starts operation of Wuhu heat exchanger and HVAC plant in China
Highly Marelli Holdings Highly Group autonews.gasgoo.com
Feb 2, 2021ACQUISITION
Shanghai Highly and Marelli complete auto parts joint venture
Marelli partner Shanghai Highly (Group) partner markets.businessinsider.com
Jan 28, 2021ACQUISITION
Highly and Marelli establish joint venture Highly Marelli Holdings
Highly Marelli Holdings Marelli partner marelli.com
Nov 27, 2020NEW FACILITYCologne, Germany160 jobs
Marelli to open EV drivetrain production facility in Cologne, Germany
Marelli just-auto.com
Aug 30, 2019PARTNERSHIPShanghai, China
Marelli and Highly sign memorandum for compressor and HVAC joint venture
Marelli partner Shanghai Highly (Group) partner marelli.com
Aug 30, 2019ACQUISITIONShanghai, China
Marelli to acquire equity stake in Highly-JCH joint venture HNET in Shanghai
Marelli acquirer Shanghai Highly (Group) partner marelli.com

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