Acquisition will expand operations in the United Kingdom and Europe, says Panasonic official
Panasonic has acquired AMP Air Conditioning, as part of its market expansion plans in Europe, said Makoto Takahashi, CEO for Panasonic Appliances Air Conditioning Europe (PAPAEU).
Speaking on the occasion, Takahashi said: “The acquisition will allow us to utilise AMP’s sales network to expand our role in the UK and European market, particularly for our commercial and industrial heating and cooling solutions. This would strengthen our aim to provide the most energy-efficient systems to the market.”
He further added: “With AMP’s know-how, our strategy is to expand our business and services to their customers and provide even more comprehensive solutions. We look forward to welcoming AMP and its employees into the Panasonic family.”
