# Mitsubishi Electric acquires Aircalo to expand European HVAC capabilities

Mitsubishi Electric acquired France-based air conditioning group Aircalo to strengthen its European HVACR operations, particularly in custom hydronic systems and fan coil units.

- Type: Acquisition
- Announced: 2024-04-04
- Where: France
- Status: announced
- Products: fan coil units, air handling units, hydronic HVAC systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Mitsubishi Electric](https://endata.com/companies/2378.md) (acquirer)
- [Aircalo](https://endata.com/companies/76642.md) (target)

## Sources

- [racplus.com](https://www.racplus.com/news/mitsubishi-electric-acquires-aircalo-to-aid-european-hvac-expansion-04-04-2024/), 2024-04-04: "Robust product lines and customisation capabilities are important in the hydronic HVAC systems business, where demand is high for made-to-order products at individual installation sites."

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