Italia Wanbao-ACC has been established by acquisition of ACC Compressors by the Wanbao Group in 2014. ACC Compressors was a historical company located in the Belluno area, founded in 1968 leader in household compressors production.

The Wanbao Group is a cutting-edge industrial group dealing with refrigeration technology, recently acknowledged as one of the top 500 Chinese companies. It includes more than 30 companies manufacturing different products as compressors for domestic refrigeration, compressors for commercial refrigeration, heat pumps and air conditioners. The Wanbao Group has a registered capital of 884 million RMB, approximately 1.3 billion euros.