# Hoshizaki becomes strategic shareholder of ARICO Vietnam

Hoshizaki officially became a strategic shareholder of Asia Refrigeration Industry Joint Stock Company (ARICO) following a merger approved at an extraordinary general meeting on March 17, 2025.

- Type: Acquisition
- Announced: 2025-03-17
- Where: Ho Chi Minh City, Vietnam, Vietnam
- Status: completed
- Products: refrigeration equipment, ice-making equipment, food processing machinery, food preservation devices
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Asia Refrigeration Industry Joint Stock Company](https://endata.com/companies/20998.md) (target)
- [Hoshizaki](https://endata.com/companies/21057.md) (acquirer)

## Sources

- [arico.com.vn](https://arico.com.vn/%F0%9F%8E%89%F0%9F%8E%89-event-hoshizaki-officially-becomes-a-strategic-shareholder-at-arico-%F0%9F%8E%89%F0%9F%8E%89/), 2025-03-21: "A major event recently took place at ARICO Vietnam with the merger with HOSHIZAKI during the extraordinary general meeting of shareholders on March 17, 2025."

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