Feb 26, 2019
Panasonic and Systemair Partner to Develop Integrated HVAC&R Solutions
・Focus on integrated and sustainable HVAC&R solutions for both commercial and residential sectors
・Partnership to occur in several phases starting with the launch of a new Heat Pump Chiller series
・Combined solutions will benefit from both parties’ existing technologies
Panasonic Corporation, the worldwide leader in the development of HVAC&R along with Systemair, the global specialist in ventilation and applied air conditioning technology, today announce a strategic partnership to develop integrated and sustainable solutions for the commercial and residential sectors.
The Panasonic/Systemair collaboration will leverage existing technology and expertise from both parties, setting new trends within the European HVAC&R market. In the first phase, Panasonic will introduce a highly efficient and environmentally friendly new Heat Pump Chiller series, featuring Systemair’s innovative air source reversible chiller technology. These new integrated solutions are fully customisable and can be made-to-order to create bespoke solutions for specific projects (including the light commercial sector) to fully meet customer demands and requirements.
Panasonic and Systemair are also collaborating closely to develop technologies and features to be incorporated into the applied chilled water technology. The aim is to create even more highly efficient, environmentally friendly chiller/heat pumps at the forefront of the European market. This will be additionally enriched by utilising the companies’ Smart Cloud interface, for convenient remote control and maintenance at one’s fingertips.
Furthermore, both parties will seamlessly integrate Systemair’s cutting-edge specialist Indoor Air Quality (IAQ)-led ventilation with Panasonic’s advanced residential and commercial heat pumps, control technology and connectivity. By adopting a comprehensive and collaborative approach, the two companies will create a new and strong value proposition to satisfy customers growing HVAC&R requirements in both residential and commercial sectors.
“We see this as a great synergistic opportunity to develop, deliver and meet the higher level of environmental demands of our customers, in addition to providing long-term business prospects across an evolving European market. Systemair’s outstanding product range and wealth of experience within the HVAC&R and ventilation industry, aligns well with our commitment to offering customers exceptional value, features and product quality.” said Toshiyuki Takagi, Executive Officer of Panasonic Corporation and President of Panasonic Air-Conditioner.
“We are very excited for this partnership and the new opportunity that this will create for new innovative and seamless solutions. Together, we aim to enhance building operations, optimise energy efficiency, lower their carbon footprint and reduce energy costs. Through this partnership, we will be able to provide enhanced solutions that will play a leading role in the development of buildings of the future,” said Roland Kasper, CEO of Systemair.
Panasonic Corporation is a worldwide leader in the development of diverse electronics technologies and solutions for customers in the consumer electronics, housing, automotive, and B2B businesses. The company, which celebrated its 100th anniversary in 2018, has expanded globally and now operates 591 subsidiaries and 88 associated companies worldwide, recording consolidated net sales of Euro 61.4 billion for the year ended March 31, 2018. Committed to pursuing new value through innovation across divisional lines, the company uses its technologies to create a better life and a better world for its customers. To learn more about Panasonic: http://www.panasonic.com/global
Global Communications Department
Systemair is a leading ventilation company with operations in 50 countries in Europe, North- and South America, the Middle East, Asia and Africa. The Company had sales of SEK 7.3 billion in financial year 2017/18 and currently employs about 5,500 people. Systemair has reported an operating profit every year since 1974, when the Company was founded. During the past 10 years, the Company's growth rate has averaged about 9 percent. Systemair has well-established operations in growth markets. The Group's products are marketed under the Systemair, Frico, Fantech and Menerga brands. Systemair shares have been quoted on the Mid Cap List of the OMX Nordic Exchange in Stockholm since October 2007. The Group comprises about 70 companies.
Roland Kasper, CEO, + 46 73 094 40 13, +46 222 440 13
Anders Ulff, CFO, + 46 70 577 40 09, +46 222 440 09
Relevant Information (Last updated Feb 26, 2019)