Panasonic to Purchase All Shares of the Air-Conditioning Business of Systemair AB of Sweden

Panasonic Corporation has announced that its Heating & Ventilation A/C Company intends to acquire the commercial air-conditioning business from Systemair AB, a leading global manufacturer in the ventilation and commercial air-conditioning business, at an enterprise value of 100 million Euros.

Panasonic and Schneider Electric Partner for Innovative Energy Management

Panasonic Corporation and Schneider Electric have announced an integrated HVAC equipment and building management solution that brings new levels of HVAC control and energy efficiency to today's commercial buildings.