# Panasonic acquires 40% stake in Italian HVAC manufacturer Innova

Panasonic Heating & Cooling Solutions acquired 40% of the shares of Innova, an Italian manufacturer of hydronic systems, air conditioning and ventilation equipment.

- Type: Acquisition
- Announced: 2024-04-24
- Where: Italy
- Status: completed
- Products: hydronic systems, air conditioning, ventilation equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Panasonic](https://endata.com/companies/1026.md) (acquirer)
- [Innova Group](https://endata.com/companies/12390.md) (target)

## Sources

- [climatizacion-y-confort.cdecomunicacion.es](https://climatizacion-y-confort.cdecomunicacion.es/noticias/proveedores/136976/los-movimientos-empresariales-de-los-fabricantes-en-lo-que-va-de-ano), 2024-04-24: "Panasonic Heating & Cooling Solutions has been one of the first companies to 'move' in this new year with the acquisition of 40% of the total shares of Innova."

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