MHI Agreement Concluded to form JV with Major Local Partner in Turkey
2019-03-03
On January 31, Mitsubishi Heavy Industries (MHI) Thermal Systems concluded an agreement with the shareholders of Form VRF Sistemleri Sanayi ve Ticaret, a company within the Form Group, with manufacturing and sales and service facilities for heat pumps and air conditioners in Istanbul, Turkey, to establish a joint venture (JV) to provide sales and servicing for air-conditioning and refrigeration (AC&R) systems.
