# Highly and Marelli establish joint venture Highly Marelli Holdings

The joint venture Highly Marelli Holdings between Highly International and Marelli Corporation was officially established on January 28, 2021. It focuses on electrified compressors, heat pumps and HVAC systems for vehicles, with direct access to the Chinese market.

- Type: Acquisition
- Announced: 2021-01-28
- Status: completed
- Products: electric compressors, heat pumps, HVAC systems, electric driven compressors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Highly Marelli Holdings](https://endata.com/companies/7545.md)
- [Marelli](https://endata.com/companies/5462.md) (partner)
- [Highly International](https://endata.com/companies/7546.md) (partner)

## Sources

- [marelli.com](https://www.marelli.com/zh_cn/news/joint-venture-highly-marelli-officially-established.html), 2021-02-01: "On January 28, Highly Marelli Holdings Co., Ltd. (Highly Marelli), the previously announced joint venture between Highly International (Hong Kong) Limited and Marelli Corporation K.K., was officially established."

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