Fujitsu General acquires majority in ABS Aircon Engineers
RCS Advisors advised ABS Aircon Engineers Limited (ABS) on the sale of its majority shareholding to Fujitsu General, Japan. Through this acquisition, Fujitsu General intends to strengthen the HVAC services corresponding to the commercial air conditioner market in India and ABS can leverage the air-conditioning technologies, financial strength and sales network of Fujitsu General aiming towards expansion of mutual business.
In 2018, RCS Advisors (India) Pvt. Ltd., member of Globalscope, the international M&A network, provided advisory services to ABS Aircon Engineers Private Limited based in India in an M&A transaction with Fujitsu General Limited, based in Japan. Please contact RCS Advisors (India) Pvt. Ltd. for more details.