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Fujitsu General acquires majority stake in ABS Aircon

Press Trust of India  |  Bengaluru 

Japan's leading air-conditioning manufacturer General has acquired majority stake in city-based contracting company Aircon Engineers to further expand commercial air-conditioning contracting and engineering services in India, said Friday.

Aircon Engineers said General and ABS hope to expand (Heating and Air Conditioning) contracting services across and abroad in the future, as well as to form a platform to sell more products such as VRF in

Through this tie-up, intends to strengthen the services corresponding to the commercial air conditioner market in India, the company said in a statement.

ABS can leverage the air-conditioning technologies, financial strength and sales network of Fujitsu aiming towards expansion of mutual business, it added.

According to Fujitsu, both companies would continue discussions for the expansion of services in fast-growing Indian and other markets, even as ABS would continue to operateas an with guidance and support ofFujitsu General.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 12 2018. 15:10 IST