🍀MHI Thermal Systems Concludes Agreement with Beijer Ref to Collaborate in Air-Conditioning and Heat Pump Business in UK and Ireland

🍀MHI Thermal Systems Concludes Agreement with Beijer Ref to Collaborate in Air-Conditioning and Heat Pump Business in UK and Ireland

・ New UK-based JV with major European company to focus on strengthening competitiveness
・ Engineering and consulting functions to reinforce sales and servicing operations

Tokyo, March 13, 2018 – MHI Thermal Systems, Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI), and Beijer Ref AB (Beijer Ref), one of the world’s largest refrigeration and HVAC wholesalers, have agreed to pursue a strategic business collaboration in air-conditioning and heat pump products in the UK and Ireland. Mitsubishi Heavy Industries Air-Conditioning Europe, Ltd. (MHIAE), a wholly owned Group company of MHI based in London and Beijer Ref signed a framework agreement on March 12 in London for the establishment and operation of a joint venture company (JV) for the sales and servicing of products. The collaboration is intended to strengthen the close relationship between the two groups in order to significantly expand market share in those markets.

http://www.mhi.co.jp/news/story/1803135933.html