Midea Completes Acquisition of Arbonia Climate
Updated: 2 days ago
Germany: Midea Group has finalised the acquisition of Arbonia Climate, integrating it with Clivet S.p.A., which Midea acquired in 2016. The two companies will now operate under a new entity, MBT Climate, aiming to strengthen their position in the European HVAC industry. Arbonia Climate, formerly part of Switzerland-based Arbonia AG, develops and manufactures heating, cooling, ventilation, and air treatment systems across multiple brands, including KERMI, PROLUX, SABIANA, and VASCO. Clivet, based in Italy, specialises in HVAC solutions for residential, commercial, industrial, and IT sectors.
MBT Climate will be led by Stefano Bellò as President, Alexander Kaiss as Senior Vice President, and Kobe Peng as Vice President. The new entity will leverage Arbonia Climate’s and Clivet’s customer base, expertise, and production capabilities alongside Midea’s technical strengths and R&D investment. Midea plans to continue investing in MBT Climate’s facilities, employees, and innovation efforts to support long-term growth and advance sustainable energy solutions in the building sector.
Source: Arbonia Climate