19 December 2016
Climaveneta, RC Group and DeLclima Finance will merge into Mitsubishi Electric Hydronics & IT Cooling Systems SpA with effect from 1st January 2017.
Climaveneta SpA, RC Group SpA and DeLclima Finance Srl will merge to become Mitsubishi Electric Hydronics & IT Cooling Systems SpA (MEHITS) with effect from 1st January 2017.
The new company will also integrate the entire staff of MELCO Hydronics and IT Cooling SpA, the former corporate operational entity, previously known as DeLclima SpA.
This transaction represents a further step in the integration process of DeLclima within the Mitsubishi Electric Group and aims to simplify the legal structure, reducing unnecessary costs for the corporate bodies and their relative administrative tasks and streamlining and strengthening business support services.