Panasonic Cold Chain (Dalian)

Bingshan Refrigeration Technology completed the acquisition of 60% of Panasonic Compressor (Dalian) and 55% of Panasonic Refrigeration System (Dalian) for a total of 1,010.88 million yuan. The asset transfer was registered on November 11, 2022.

Bingshan Refrigeration Technology Co., Ltd. announced it plans to acquire 60% of Panasonic Compressor (Dalian), 100% of Panasonic Refrigeration (Dalian), and 55% of Panasonic Cold System (Dalian) from Sanyo Electric, Panasonic China, and Panasonic Cold Chain. The deal is in early planning stages.