ESSLINGEN, Germany and TOKYO, April 30, 2013 /PRNewswire/ --
The two companies Mikuni Corporation and Eberspaecher Climate Control Systems have signed a joint venture agreement. The aim of the newly established Eberspaecher Mikuni Climate Control Systems Corporation headquartered in Odawara is the sale and distribution of products designed for vehicle climate control in Japan.
Both parties to the agreement have a 50 percent stake in the new company. "The cooperative link-up is a win-win situation for both sides and, for Eberspaecher, an outstanding opportunity to position our innovative climate control products for buses, construction vehicles, motor homes and trucks even better in the Japanese market", stresses Eberspaecher COO Dr. Klaus Beetz.
The supplier is already represented in the Japanese city of Nagoya in the form of a wholly-owned subsidiary, which continues to be responsible for the sale and distribution of the electrical PTC auxiliary heaters of Eberspaecher catem. Eberspaecher pre-heaters and climate control products, on the other hand, will be marketed in future via the new Odawara site. Customers from the OEM and retrofitting business sectors will benefit not only from the extensive expertise of Mikuni co-workers in the area of vehicle heaters but also from the Test Center based there. The Japanese partner's nationwide dealer network will in future be available for retrofitting and service in relation to Eberspaecher's products.
Mikuni Corporation, which has operations throughout the world, is listed on the Tokyo Stock Exchange and, as an established supplier to the automotive industry, offers components for combustion engines and associated systems.
Eberspächer Climate Control Systems GmbH & Co. KG
Director Public Relations
SOURCE Eberspaecher Climate Control Systems GmbH & Co. KG