M&A Deal Summary

Panasonic Acquires Area Cooling Solutions

On July 9, 2024, Panasonic acquired machinery company Area Cooling Solutions

Acquisition Highlights
  • This is Panasonic’s 2nd transaction in the Machinery sector.
  • This is Panasonic’s 1st transaction in Poland.

M&A Deal Summary

Date 2024-07-09
Target Area Cooling Solutions
Sector Machinery
Buyer(s) Panasonic
Deal Type Add-on Acquisition

Target

Area Cooling Solutions

Nowa Wieś Wrocławska, Poland
Area Cooling Solutions is a refrigeration equipment manufacturer. Area Cooling Solutions was founded in 1995 and is based in Nowa Wieś Wrocławska, Poland.

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Buyer(S) 1

Buyer

Panasonic

Kadoma, Japan

Category Company
Founded 1918
Sector Electronics
Employees229,183
Revenue 8.50T JPY (2024)
DESCRIPTION

Panasonic is a manufacturer of electronics. Panasonic manufactures and markets a wide range of products under the Panasonic brand to enhance and enrich lifestyles all around the globe. Panasonic was founded in 1918 and is based in Kadoma, Japan.


DEAL STATS #
Overall 19 of 19
Sector (Machinery) 2 of 2
Type (Add-on Acquisition) 16 of 16
Country (Poland) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-23 Blue Yonder

Scottsdale, Arizona, United States

Blue Yonder is end-to-end, digital fulfillment platform provider in artificial intelligence and machine learning (AI/ML) driven supply chain and retail solutions for 4,000 of the world’s leading retail, manufacturing and logistics companies. Blue Yonder enables an Autonomous Supply ChainTM by connecting its cognitive SaaS solutions from end-to-end — across planning, execution and delivery — with a broad partner ecosystem, empowering customers to better predict and shape demand, transform their product delivery and deliver outstanding customer experiences. Blue Yonder’s world-class client brands include 75 of the top 100 retailers, 77 of the top 100 consumer goods companies, and 8 of the top 10 global 3PLs. Blue Yonder was founded in 1985 and is based in Scottsdale, Arizona.

Buy $8.5B