The Midea Group has completed its acquisition of ARBONIA Climate, which will integrate seamlessly with Clivet, a purchase it made in 2016.
The companies will join forces and expand their market and innovation leadership in Europe with their complementary product offerings. The new group will be called MBT Climate.
ARBONIA climate was previously part of the stock-listed company Arbonia AG based in Switzerland. In its competence centres throughout Europe, the group of companies develops and manufactures products and systems for sustainable heating and cooling generation, heating and cooling distribution, energy storage, ventilation and air treatment. The division includes the system brands KERMI, PROLUX, SABIANA and VASCO as well as the focused brands arbonia, Britec, Brugman, Cicsa, PZP, Solius, Superia, Tecna and Termovent.
Clivet, based in northern Italy, is a leading European company in developing, manufacturing and distributing intelligent systems for heating, cooling, air renewal and purification. The company offers various specialized HVAC solutions for the residential, commercial, industrial and IT sectors.
Effective immediately, Stefano Bellò, President of MBT Climate, Alexander Kaiss, Senior Vice President of MBT Climate, and Kobe Peng, Vice President of MBT Climate, will assume joint management responsibility.
By leveraging each other’s capabilities and resources, MBT Climate is well-positioned to expand its strength as a leading HVAC solution provider in Europe. With ARBONIA climate’s and Clivet’s customer base and channels, know-how and production facilities, high-quality services, and complementary products, as well as Midea’s technical advantages and R&D investment, MBT Climate will offer a seamless, end-to-end solution for climate control, providing customers with the convenience and efficiency of a single-source system provider.
Midea Group plans to create sustainable growth momentum for MBT Climate, driving the sustainable energy transition in the building sector with a strong European entity.
“Midea will continue to invest in the existing sites, employees, and research and development departments of Clivet and ARBONIA climate. We are planning a long-term and successful future together,” a Midea Group spokesperson said.
