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PHI Industrial completed the sale of 100% of Hitecsa, a manufacturer of commercial and industrial air-conditioning systems, to Baxi, a subsidiary of BDR Thermea Group.
“The incorporation of Hitecsa completes our portfolio in Spain and Portugal, allowing us to offer our customers a complete range of HVAC products for any type of application.”phi-industrial.com
Summarized from public sources; check the original articles before acting on it.