Ductless HVAC Competition Impact from Paloma-Fujitsu General Deal

The acquisition positions Fujitsu General for accelerated US distribution through Rheem's network, potentially improving contractor experience by integrating ductless offerings with existing Rheem relationships. It changes the competitive dynamics against Mitsubishi Electric, Daikin, and LG in the growing ductless segment.

“The transaction gives Paloma's Rheem subsidiary a controlling stake in one of the most recognised ductless HVAC brands in the US market and significantly reshapes the competitive dynamics in the ductless and VRF segment that has been growing rapidly as residential and commercial buildings move away from ducted central air.”

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