Fujitsu buys Norwegian distributor
17th April 2023
JAPAN/NORWAY: Fujitsu General is to acquire 67% of the shares of Kløver Vest Holdings AS (KVH), parent company of its Norwegian air conditioning distributor ACsenteret AS (ACS).
KVH offers a one-stop service, through ACS, for customers in Norway, ranging from sales, installation, and services to maintenance of air conditioning equipment through its directly managed stores.
Established in 2003, ACS claims to be Norway’s largest brand-independent supplier of air-to-air and air-to-water heat pumps. In addition to Fujitsu, the company also currently offers Mitsubishi Electric, Toshiba, Daikin and Panasonic equipment.
It operates stores in Bryne, Bergen, Drammen, Kristiansand, Oslo, Stavanger, Vestfold/Telemark, Trondheim and Østfold. It also supplies product through sister company FJ Klima, Norway’s only official distributor of Fujitsu heat pumps.
KVH has been in a co-operative relationship with Fujitsu General regarding both sales and technology, including sales of Fujitsu General products and some development on consignment.
Fujitsu General says it has been promoting direct sales for further business expansion in Europe and build a new business structure. One of its main focuses is to make Europe a business model region for advancing “sustainable management” by expanding sales of heat pumps.
