Fujitsu General Limited (hereafter Fujitsu General) and Groupe Atlantic (hereafter GA) establish a joint venture, FGAHP, for the manufacture of heat pump water heating systems (ATW) within Europe.
We will work to expand ATW sales to achieve a decarbonized society. Ownership of FGAHP is split between 51 percent held by Fujitsu General and 49 percent held by SIC, a 100 percent subsidiary of GA that manufactures boilers and other heating-related equipment. FGAHP was established in December 2022 in Billy-Berclau, France, where SIC is located.
In order to realise “Harmonious coexistence with our planet,” one of the key themes of our “Sustainable Management,” we are working to contribute to the prevention of global warming through our business activities. As part of this effort, we are committed to expanding our ATW business, which is expected to reduce carbon dioxide emissions by replacing equipment that uses fossil fuels. We expect to sell approximately 500,000 units throughout Europe in FY2025. The establishment of FGAHP will contribute to this sales expansion. ATW is a core product of “sustainable products,” which we independently identify as a product that makes a significant contribution to reductions in carbon dioxide emissions, and plays an important role in contributing to global environmental measures and our sales.
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