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Bitzer: SONGZ buys Lumikko
2017/12/07
・  Strategic partnership between SONGZ and BITZER expanded
・  SONGZ is entering the European market
 
Shanghai/Sindelfingen/Seinajoki, 04.12.2017. The Chinese company SONGZ AUTOMOBILE AIR CONDITIONING CO., LTD. is taking over Lumikko Technologies Oy. The Finnish company has been part of the BITZER Group since 2012 and is specialised in the development and manufacture of refrigeration systems for the truck and trailer sector. In future, Lumikko will thus be part of SONGZ, BITZER’s long-standing partner in China.
 

Refrigeration units made by Lumikko
 
The Chinese market leader for air-conditioning in buses has worked closely together with BITZER for almost 20 years. On the first of December 2017, BITZER and SONGZ have signed a contract covering the acquisition of the specialist for truck and trailer refrigeration. As soon as the People’s Republic of China authorities have issued all relevant approvals, Lumikko will be 100 per cent owned by SONGZ. The parties have agreed not to disclose any details of the transaction.
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