F.G. EUROPE S.A. PRESS RELEASE
FG EUROPE SA has signed an agreement with Fujitsu General Limited for the sale of 51% of the shares of its subsidiary company in Italy FG EUROPE ITALIA SpA, for the value of €10,000,000.00-. The signed agreement will come into effect on 4/1/2019
The said transaction aim to further strengthen our presence in the Italian Market which is the 2nd largest in Europe with over 1mln sets yearly sales of air conditioning units.
This positive development will have a positive impact in our relationship with our key supplier Fujitsu General and may trigger similar future strategic collaborations.
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F.G. Europe SA published this content on 18 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 October 2018 07:52:04 UTC
