UK: Four years after buying AMP, the Welwyn-Garden-City-based air conditioning distributor, Panasonic is to fully integrate the business within Panasonic Heating & Cooling.
The move will see the two sets of employees being united under one banner from April 2022, when the AMP name will disappear.
According to a Panasonic spokesperson, the AMP facility in Welwyn Garden City will be retained and “continue to be an essential part of the network”.
“Panasonic sees the UK as a key market to invest in for the future,” commented Jose Manuel Alves, Panasonic UK’s country manager. “By bringing together the two teams, we will ensure our customers, distributors, consultants and end-users have full access to the extensive resources available from Panasonic, such as the in-house spec team knowledge and software, technical support, design software tools and smart cloud service solutions.”
AMP’s acquisition by Panasonic in September 2017 caused consternation at the time. AMP had existing long associations with rival manufacturers Toshiba, Fujitsu and Mitsubishi Heavy Industries, none of whom had been advised of the transaction prior to the announcement. Within a few weeks all three had ended their supplier deals with the company.
AMP suppliers in crucial talks – 6 September 2017
UK: AMP is said to be in crucial talks with its existing suppliers following the air conditioning distributor’s shock purchase by Panasonic. Read more…