ELECTRIC.IE • The Magazine & Website for the Irish Electrical Industry • 19 I n dIunsdt ruys tNr ye wN es w s Mitsubishi Electric Acquires Crystal Air Holdings Limited By acquiring Crystal Air's extensive European business network, installation and maintenance capabilities, Mitsubishi Electric will be able to meet the growing demand for IT Cooling for data centers across Europe. Furthermore, through this acquisition Mitsubishi Electric will enhance its one-stop service offering, combining airconditioning equipment sales with installation, operation, and maintenance services with a view to expanding its business and penetration in the data center market. The global market for airconditioning and refrigeration systems is expected to grow, driven by increased demand for replacing systems with energyefficient solutions using lowGWP refrigerants, and replacing fossil fuels. In response to these market conditions, Mitsubishi Electric has positioned the airconditioning and refrigeration systems business as a key growth area in its global strategy, focusing on expanding its operations worldwide. In Europe, a key region for Mitsubishi Electric, the construction of new data centers is increasing, driven by the surge in data transmission volumes, and fueled by an Mitsubishi Electric Corporation announced today that its wholly-owned subsidiary Mitsubishi Electric Europe B.V. concluded an agreement on December 18 to acquire all shares of Crystal Air Holdings Limited headquartered in Kildare, Ireland, an air-conditioning installation and maintenance company. increase in connected devices, the expansion of high-resolution video streaming and the growing use of generative AI technology and IoT. As demand for IT Cooling increases, data center operators are increasingly requesting services that go beyond installation to include operation and maintenance of air-conditioning systems. To address this demand, Mitsubishi Electric is acquiring Crystal Air, which has extensive experience of working with major data center operators and major construction companies specialising in data center development. With this acquisition, Mitsubishi Electric will combine its own product line-up with Crystal Air's European business network and expertise in installation and maintenance to enhance its complete service offering. In addition, by providing customers with integrated solutions (lifecycle solutions) ranging from product sales to installation, operation, maintenance and renewal, Mitsubishi Electric will contribute to the realisation of a sustainable society. L to R: Crystal Air MD Domnick Ward, Mitsubishi Electric Europe Living Environmental Systems president Masami Kusano and David O’Brien, Crystal Air contracts director.w
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