ACR-News
Know what you want? Try our 'Supplier Directory' 

Daikin buys Swedish distributor Svenska Daikin A.B.

DAIKIN Europe has bought all shares in Svenska Daikin A.B, its distributor in Sweden.
Svenska Daikin A.B., headquartered in Stockholm, has been a distributor for the Japanese air conditioning manufacturer for 25 years with sales of £5.2m in 2007.

Daikin Europe N.V. made the acquisition on January 31, and from this date Svenska Daikin A.B. changed its name to Daikin Sweden A.B.

Daikin, said the purchase was a major step to realising its heating expansion plans. Sweden is considered as the largest heat-pump market in Europe.

The firm said 'Next to a further strengthening of its position in the ac market (both in direct expansion and applied systems), Daikin will especially focus on developing its position in the air-to-air and air-to-water heat pump market.

'As a new representative of Daikin's strategic move in the heating industry, Daikin Sweden A.B. is the first heating affiliate of the group'.

The 10 employees of Svenska Daikin A.B. will be part of Daikin Sweden A.B.

Mr Koen Matthys will be appointed as managing director of Daikin Sweden A.B. and will be supported in his role by Olof Elvander.

Daikin has bought out several of its distributors. Those acquired by Daikin include nearly all of its UK distributors. Across Europe, the majority of Daikin distributors are independent, including UK firm Space Air Conditioning.

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021
ACR News

Plenitude and Modine to build PV plant

Plenitude, a renewable energy production business, and Modine have signed an agreement for the construction of a new solar power plant in Pocenia (Udine). With an installed capacity of 1.585 MWp, the plant is expected to generate approximately 1.8 ...

  27-Jun-2025

Sanhua’s REVOlution for supermarket refrigeration

SANHUA is proud to present its latest innovation in refrigeration technology – the REVO series of controllers. Designed to provide a wide range of applications, the REVO controllers offer high performance and efficiency, ensuring that your refrigerated cabinets maintain optimal conditions for fresh food preservation.
  02-Apr-2025
ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!
Subcribe to ACR News

Diary

BESA Annual Conference & Awards