History of DeLclima – Company life

established

established

established

De'Longhi enters commercial HVACR acquiring Climaveneta and DLRadiators.

Internal growth driven by significant R&D efforts resulting in wider product range.

Acquisition of distribution for ICC&R in Germany
Acquisition by DL Radiators of SILE RADIATORI a specialised producer for towel warmers.

Set up of Chinese joint venture

Acquisition of distribution for ICC&R in France
Lean manufacturing introduced, starting KAIZEN continuous improvement structured process

Expansion in the Heat Pump business segment

Acquisition of majority stake in RC Group, a leading player in Information Technology cooling

Further development of presence in China: RC set up of operations Opening of shell&tube factory

Acquisition of distribution in Spain for ICC&R

Acquisition of distribution in Poland for ICC&R

Acquisition of distribution in India for ICC&R

Acquisition of distribution in UK for ICC&R

Set up of operations for HPAC units in Shanghai

demerger from DeLonghi

Set up of operations for chillers and HPAC units in Bangalore

Sale of Radiators business
Acquisition by Mitsubishi Electric Corporation
History of DeLclima – Continuous Innovation
Pioneering HPAC, specific cooling solutions for data centres

Reducing noise and energy consumption are the two major drivers for R&D

"Energy Raiser" the first multi-purpose unit for combined heating and cooling in 4-pipe systems is launched on the market

The "free cooling liquid chillers" are introduced for process and computer rooms cooling.

EUROVENT Certification Climaveneta is among the initiators aligning Europe with the USA.
BLACKBOX providing advanced diagnostic for service and maintenance introduced in all units.

Innovative control for heat pumps to improve defrosting and efficiency in MACS heat pumps

The new "Wizard" unit is launched, an Air Handling Units range with integrated controls.

Idrorelax, the control system for residential and light commercial installations is launched.

TECS and UNICO TURBO Pioneereing high-efficiency liquid chillers equipped with revolutionary magnetic levitation, VFD oil free centrifugal compressors.
Innovative laser-based manufacturing lines for production of premium steel column radiators.

Launch of PRANA residential heat pumps, integrating alternative energy sources in medium & small systems.

The first premium efficiency "Full Inverter Concept" chiller.
A new line of electrical aluminum radiators and towel warmers for the French market.

Increased focus on high-efficiency solutions for data centers, grasping the opportunity of worldwide expansion of green data centers. Product launches: coolside and NEXT EVO for high density data centers. The i-Accurate unit with full inverter technology
i-WiZARD ENTHALPY full inverter, full heat recovery rooftop.

State of the art plant room control and optimizing system for top energy performance.

i-FX(1+i) new inverter chiller for highest efficiency
History of DeLclima – Demerger Rational
1
Absence of industrial and distribution synergies between Professional and Household divisions
2
Two different businesses
Household
- B2C
- Resilient
- Global
- Lifestyle led
- Marketing driven
- Make to Stock/standard
- Design and fast innovation cycle
Household
- B2C
- More cyclical
- Multilocal
- Indoor air quality, energy efficiency and renewable energy
- Solutions and service
- ake to Order/ configurable/ tailored
- Technological barriers, system integration
3
Set ideal environment for an Independent Development of each business
- Stand-alone evolution for the two businesses characterized by different client base and market dynamics
- Higher flexibility on strategy execution for each division
4
Provided the market with two "Pure Players"
- Increased transparency and better information on the strategic and financial outlooks of the two businesses
- Possibility to fully understand the strategy and the potential of the Professional Division
- Creating an attractive and rare company for investors keen of energy efficiency and renewable energies
- Possibility to unlock value potential of the Household Division