# APM Automotive and Highly Marelli to form HVAC joint venture in Indonesia

PT. APM Mekar Armada Investama, an indirect subsidiary of APM Automotive Holdings Berhad, signed a joint venture agreement with Highly Marelli Holdings Co., Limited to establish a company in Indonesia for manufacturing and selling HVAC products.

- Type: Partnership
- Announced: 2022-08-25
- Where: Indonesia, Indonesia
- Status: announced
- Products: heating, ventilation and air-conditioning (HVAC) products
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [APM Automotive Holdings Berhad](https://endata.com/companies/48133.md)
- [Highly Marelli Holdings](https://endata.com/companies/7545.md) (partner)
- [PT. APM Mekar Armada Investama](https://endata.com/companies/64920.md) (partner)

## Sources

- [apm.listedcompany.com](https://apm.listedcompany.com/news.html/id/2403272/print/1), 2022-08-25: "PTAMAI had on 25 August 2022 entered into a joint venture agreement with Highly Marelli Holdings Co., Limited to establish a joint venture company in Indonesia"

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