Mitsubishi Electric's Subsidiaries Complete Acquisition of AIRCALO in France
Mitsubishi Electric's Acquisition of AIRCALO in France
Mitsubishi Electric (MIELY) recently announced that its wholly owned subsidiaries, Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. and Mitsubishi Electric Europe B.V., have completed the acquisition of AIRCALO, a prominent company based in France.
Strategic Expansion in Europe
This acquisition signifies Mitsubishi Electric's strategic expansion in the European market, allowing the company to enhance its presence in the region.
Strengthening Industry Position
By acquiring AIRCALO, Mitsubishi Electric strengthens its position in the heating and cooling systems industry, positioning itself for further growth and market dominance.
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