Sanden

Sanden Corporation has won its first business for its new high-capacity PX compressor Large PX (180cc) from a major European OEM. Mass production is scheduled to begin in 2028.

Sanden is investing €68 million in a new assembly line for electric-vehicle automotive compressors at its Tinténiac site in Brittany, with 17% financed by the French state under France 2030. The line is being installed since autumn 2024.

Chinese appliance group Hisense Home Appliances will acquire 75% of Sanden and inject 175 million euros of capital, with the shareholder change to be approved at the May 7 shareholder meeting. Sanden's only French plant is in Tintenia near Rennes.

Chinese group Hisense is set to acquire 75% of Japanese compressor maker Sanden via a share issue worth about 21.4 billion yen (about 178 million euros). The process is to be finalised at a shareholder meeting on May 7, and affects the Tinteniac plant in France.