Fujitsu General name will remain for a period
26th August 2025
JAPAN: Fujitsu General has said that its name and trademarks will remain “for a certain period” following the completion last Friday of its purchase by Paloma Rheem Holdings.
“Details regarding any future name changes will be announced as they are decided,” the company said following the $1.63bn purchase of Fujitsu’s air conditioning business, which was first announced in January.
Fujitsu General’s air conditioning business now becomes part of the Paloma Rheem HD Group.
“In this environment, we will focus on developing and further advancing our core technologies, including heat pump and inverter technologies, as well as core components such as compressors and motors,” Fujitsu General said in a statement.
“By collaborating with companies within the Paloma Rheem HD Group across the entire value chain, we aim to complement each other’s strengths and expand our business in both domestic and international markets amid increasing competition.
“In the long term, we aim to enhance its leadership in the global air conditioning industry, integrate air conditioning and water heating technologies, and drive further innovation.”
Paloma Rheem Group (PRG) is one of the world’s leading air conditioning and water heating companies. Paloma was established in 1911 in Japan and acquired US company Rheem in 1988. PRG has bases in 15 countries and operations in 85 countries. It has approx. 19,000 employees worldwide, 36 production plants and 17 R&D facilities worldwide. Group sales for the fiscal year ending December 2024 were approx 1 trillion yen ($6.8bn).
