Arcelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan) – IT Business Net itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.
Arcelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan) JCN Newswire
2020-12-17
TOKYO, Dec 17, 2020 - (JCN Newswire) - Today Arcelik A.S. (ARCLK:IST, Arcelik ) and Hitachi Global Life Solutions, Inc. (Hitachi GLS) have signed a share purchase agreement to establish a new joint venture company. As part of the transaction, Hitachi GLS will establish a new company into which it will transfer its global home appliances business outside of Japan. Arcelik will acquire 60% ownership in the new company, which both partners aim to establish in the spring of 2021, subject to regulatory approvals and satisfaction of other customary conditions.
Hillphoenix Portfolio of Natural Refrigeration Solutions Will Enable Food Retailers to Meet Recent California Air Resource Board Regulations
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DOWNERS GROVE, Ill., Dec. 17, 2020 /PRNewswire/ The California Air Resource Board (CARB) enacted regulations on December 14 that are expected to significantly impact the supermarket and industrial refrigeration industry. These regulatory requirements on artificial refrigerants known as hydrofluorocarbons or HFCs are the most stringent implemented in the United States to date. Hillphoenix s portfolio of environmentally friendly products are designed to enable businesses to become compliant with these types of new regulations.
The new rules specifically affect commercial and industrial, stationary refrigeration units in California like the ones found in grocery stores and other food retail establishments. The regulations apply to new refrigeration equipment and retrofits and take effe
Arçelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan) adnkronos.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adnkronos.com Daily Mail and Mail on Sunday newspapers.
16 dicembre 2020
The historic partnership creates a major player in Asia-Pacific – the world’s largest home appliances market – and will expand global sales of Hitachi branded products through a joint competitive supply chain
ISTANBUL and TOKYO, Dec. 16, 2020 /PRNewswire/ Today Arçelik A.Ş. (IST: ARCLK) (“Arçelik”) and Hitachi Global Life Solutions, Inc. (“Hitachi GLS”) have signed a share purchase agreement to establish a new joint venture company. As part of the transaction, Hitachi GLS will establish a new company into which it will transfer its global home appliances business outside of Japan. Arçelik will acquire 60% ownership in the new company, which both partners aim to establish in the spring of 2021, subject to regulatory approvals and satisfaction of other customary conditions.