# Daikin Europe to acquire cooling business of Recair Oy

Daikin Europe signed an asset purchase agreement to acquire the stock, customer base and staff of Recair Oy's cooling business in Finland.

- Type: Acquisition
- Announced: 2018-10-16
- Where: Vantaa, Finland, Finland
- Status: announced
- Products: heating and cooling products, Sabiana cooling products, Stulz close control units
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin Europe N.V.](https://endata.com/companies/15475.md) (acquirer)
- [Recair Oy](https://endata.com/companies/33512.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/daikin-to-acquire-finnish-business/), 2018-10-16: "Daikin Europe has entered into an asset purchase agreement to acquire the cooling business of its Finnish distributor Recair Oy."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.