Mitsubishi Electric Strengthens HVAC Presence in Europe with Acquisition of APAC and COMPAC
Mitsubishi Electric Corporation has successfully acquired the HVAC divisions of APAC and COMPAC, two companies based in the Netherlands. This acquisition is pivotal for Mitsubishi Electric as it seeks to bolster its HVAC market presence in Europe and enhance its service capabilities. The deal will facilitate a broader approach to meeting customer demands in the region, with integration planned to optimize operations.