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Mitsubishi Electric and DeLclima Together

SWAT Engineering main air conditioning and heating supplier Mitsubishi Electric is to purchase Italian manufacturer DeLclima and its chiller companies Climaveneta and RC Group. Mitsubishi will initially purchase 74.97% of the share capital of DeLclima from De’Longhi Industrial. After the closing of this transaction, Mitsubishi intends to launch a mandatory tender offer to acquire the remaining shares. [...]

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