Mitsubishi Electric to Purchase an Italian AC Manufacturer

2014-01-27
On December 16, Mitsubishi Electric announced an agreement with Klimat-Fer, an Italian air conditioner manufacturer for railroads (Padova City), which will be incorporated into Mitsubishi Electric’s railcar business in Europe late in January 2014 and this contract will acquire 80% of Klimat-Fer issuing share.
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