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Climaveneta, RC Group, and DLC Finance merger project

Climaveneta, RC group, and DeLclima Finance approve the merger project, which will take effect from the 1st of January 2017.

The board of Directors of Climaveneta, RC Group, and DeLclima finance approved the merger project of the three companies into a single company that will become operational from the 1st of January 2017.

This operation marks a further step in the integration process of DeLclima within Mitsubishi Electric and is aimed at making the control structure more efficient by completing the unification of the administrative functions and by streamlining governance structures, with consequent operative cost savings. 

Climaveneta and RC Group will evolve from being two different legal entities into divisions. The Administration, Finance, Health Environment and Safety, IT, and Quality departments will be centralized, Purchasing and HR are already centralized.