# Paloma Rheem announces tender offer to acquire Fujitsu General

Paloma Rheem Holdings announced a tender offer to acquire all outstanding shares of Fujitsu General, a maker of air conditioning solutions. Fujitsu Limited, holding 44.02% of Fujitsu General, agreed to sell its shares via a share repurchase after the tender offer.

- Type: Acquisition
- Announced: 2025-01-06
- Where: Japan
- Value: $1.60B
- Status: announced
- Products: air conditioning solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Fujitsu General](https://endata.com/companies/28285.md) (target)
- [Fujitsu](https://endata.com/companies/43390.md) (investor)
- [Fujitsu](https://endata.com/companies/43390.md) (partner)
- [Paloma Rheem Holdings Co., Ltd.](https://endata.com/companies/82121.md) (acquirer)

## Sources

- [pr-holdings.co.jp](https://www.pr-holdings.co.jp/en/news/20250106.html), 2025-01-06: "Paloma Rheem Holdings Co., Ltd. today announced it intends to make a tender offer to acquire all outstanding common shares of Fujitsu General Limited."
- [legaleraonline.com](https://www.legaleraonline.com/global-deals/duo-advised-paloma-rheem-and-fujitsu-general-in-usd-16-billion-takeover-deal-939135), 2025-01-09: "This move is part of Paloma Rheem's strategy to expand its operations, with the company's offer pending approval and completion of the necessary legal processes."
- [climatizacion-y-confort.cdecomunicacion.es](https://climatizacion-y-confort.cdecomunicacion.es/noticias/aire-acondicionado/143543/paloma-rheem-comprara-fujitsu-general-por-1-578-millones), 2025-01-10: "Paloma Rheem Holdings... para comprar su participación de más del 44 % en el negocio de aire acondicionado de su filial Fujitsu General"

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