Mitsubishi Heavy Industries Thermal Systems acquisition of a stake in Form VRF Sistemleri

30/1/2019
Joint venture, Private acquisition

Announced

30/1/2019


Overview:

  • The European arm of Mitsubishi Heavy Industries Thermal Systems, an industrial engineering, electrical equipment and electronics company, has signed a joint venture agreement with Form VRF Sistemleri, to provide sales and servicing for air-conditioning and refrigeration systems in Turkey.
  • The agreement entails Mitsubishi acquiring a stake in the joint venture.

 

Jurisdiction:

Türkiye

Deal types:

Joint venture
Private acquisition

Practice area:

M&A

Governing law:

Turkey

Industry sector:

Industrials and manufacturing


Firm:

Party: Mitsubishi Heavy Industries Thermal Systems (Acquirer)