AUX and Panasonic sign $302M compressor deal

AUX Air Conditioner and Panasonic Wanbao Appliances Compressor signed a strategic cooperation agreement for air conditioner compressors, with an initial investment exceeding CNY 2.2 billion (approximately $302 million). The project aims to build an integrated industrial chain for AUX.

“This cooperation focuses on the field of air conditioner compressors, with an initial investment exceeding CNY2.2 billion.”auxair.com

• 1 source
• auxair.comAUX & Panasonic Sign $302M Compressor Deal | Strategic Partnership for Next-Gen AC TechNov 8, 2023

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