Panasonic's Cold Chain Solutions Company completed the acquisition of 100% of shares of Area Cooling Solutions, a Polish refrigeration equipment manufacturer, on December 5, 2024. The company will be renamed Panasonic Cold Chain Poland.
IPCOM Group, a European distributor of energy efficiency solutions, has acquired Area Cooling Solutions, a provider of commercial refrigeration products and services. The acquisition strengthens IPCOM's position in the refrigeration and HVAC sector.
Barcelona-based refrigeration and air conditioning supplier Area Cooling Solutions has been acquired by Belgian company IPCOM.
Panasonic has completed the acquisition of Polish refrigeration equipment manufacturer Area Cooling Solutions Sp zoo.
Panasonic Corporation announced it has entered into an agreement with Cooling Solutions S.L. to purchase all the shares of its subsidiary Area Cooling Solutions Sp. z o.o., a Polish refrigeration equipment manufacturer. The acquisition aims to strengthen Panasonic's condensing unit business in Europe.