CAREL acquires remaining 51% to take full ownership of CAREL Japan

CAREL Group acquired 100% of CAREL Japan, a Japanese HVAC/R distribution company, having previously held a 49% stake, expanding its Asia Pacific presence.

“the Group has now acquired 100% of CAREL Japan, a distribution company operating since 2013 on the Japanese HVAC/R market that closed 2017 with sales of 59,213,582 Yen (around 455,000 euros). CAREL previously held a 49% stake in the company.”

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