Biznes i finanse

Panasonic Reaches Agreement to Acquire All Shares of Area Cooling, a Polish Refrigeration Equipment Manufacturer

Polska Grupa Lotnicza S.A., w imieniu Polskich Linii Lotniczych LOT S.A., poszukuje strategicznej agencji reklamowej do współpracy przy tworzeniu i realizacji kampanii wizerunkowej oraz bieżącej obsługi działań komunikacyjnych marki dla PLL LOT S.A.

Panasonic Corporation has announced that its Cold Chain Solutions Company has entered into an agreement to acquire all the shares of Area Cooling Solutions Sp. z.o.o., a Polish refrigeration equipment manufacturer. This move is part of Panasonic’s strategic efforts to enhance its condensing unit business in the European market and to further expand globally.

To see the full release with multimedia, visit: https://www.businesswire.com/news/home/20240709954602/en/.

The Kigali Amendment to the Montreal Protocol and the European Union’s F-Gas Regulation, along with other regulations, impose restrictions on the production, consumption, import, and export of HFCs, commonly used as refrigerants in cold chain equipment. These regulations also require a shift to alternative refrigerants with lower global warming potential. Europe has been a pioneer in these environmental efforts, in line with the region’s commitment to climate neutrality and consumer demand for more sustainable technologies. Panasonic, a leading manufacturer of CO2 condensing units in Japan, views Europe as its most crucial market moving forward.

Area Cooling is a forward-thinking company that is dedicated to expanding its presence in the inverter-controlled condensing units and CO2 condensing units market. With a strong focus on technological advancements, their products share similarities with Panasonic’s condensing units, which have been using Panasonic-designed compressors for many years. Recognizing the potential for growth, Panasonic has decided to acquire Area Cooling in order to strengthen its European business. It’s important to note that the acquisition does not include Area Cooling’s distribution business for compressors and other HVACR components.

Area Cooling and Panasonic are joining forces to collaborate and improve their condensing unit business. Their goal is to develop products that align more closely with customer needs, increase local manufacturing in Europe, and expand the presence of Panasonic condensing units in the European market.

About Area Cooling

Company name: Area Cooling Solutions Sp. z o.o.

Representative: Josep Ventura

Address: ul. Relaksowa 27, 55-080 Nowa Wieś Wrocławska, Poland

Business: Design, manufacture, and sale of industrial and commercial refrigeration equipment

Establishment: 1995

Number of employees: Approximately 160

Notes:

[1] This agreement will be formally entered into after the general terms and conditions of the agreement, including the approval of the relevant authorities, have been fulfilled.

[2] Adopted in 2016. Hydrofluorocarbons (HFCs) were added to the list of substances subject to regulation under the Montreal Protocol.

[3] An environmental treaty adopted in 1987 and entered into force in 1989 to protect the ozone layer, formally known as the Montreal Protocol on Substances that Deplete the Ozone Layer. This international agreement sets targets for phasing out or eliminating the production and consumption of substances that may deplete the ozone layer, as well as regulating imports and exports.

Europe implemented regulations in 2006 aimed at reducing the environmental impact of fluorinated gases, including hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), and sulphur hexafluoride (SF6).

Panasonic Corporation is a global company that offers a wide range of products and services for various living environments, including homes, stores, offices, and cities. The company consists of five core businesses: Living Appliances and Solutions, Heating & Ventilation A/C, Cold Chain Solutions, Electric Works, and China and Northeast Asia. With consolidated net sales of 3,494.4 billion yen for the year ended March 31, 2024, Panasonic is committed to its mission of Life Tech & Ideas: For the wellbeing of people, society, and the planet. Discover more about Panasonic at https://www.panasonic.com/global/about/.


Źródło dystrybucji: pap-mediaroom.pl

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