# Mitsubishi Heavy Industries to acquire stake in Form VRF Sistemleri

Mitsubishi Heavy Industries Air Conditioning Europe (MHIAE) will acquire a stake in Form VRF Sistemleri A.S., forming a joint venture named Form-MHI Klima Sistemleri Sanayi ve Ticaret A.S. in Turkey.

- Type: Acquisition
- Announced: 2024-02-20
- Where: Türkiye
- Status: announced
- Products: air conditioning systems, VRF systems, split air conditioners
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (acquirer)
- [Form VRF Sistemleri](https://endata.com/companies/75737.md) (target)

## Sources

- [form-mhiklima.com](https://form-mhiklima.com/tr/bizden-haberler/form-sirketler-grubu-ile-mitsubishi-heavy-industries-ortaklik-anlasmasi-imzaladi), 2024-02-20: "Bu yeni ortaklık kapsamında ev tipi klimadan, profesyonel ürünlere kadar tüm Mitsubishi Heavy Industries klima ürünlerinin pazar payının artırılması hedefleniyor."

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