# Daikin expands commercial refrigeration through acquisitions in Europe

Daikin has further expanded its European market presence in commercial refrigeration through recent acquisitions of AHT, Hubbard, Tewis and Zanotti. The company plans to expand this business in Asia and the USA.

- Type: Acquisition
- Announced: 2020-02-17
- Status: completed
- Products: commercial refrigeration systems, freezer systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin Europe N.V.](https://endata.com/companies/15475.md) (acquirer)
- [AHT](https://endata.com/companies/15476.md) (target)
- [Zanotti S.p.A.](https://endata.com/companies/29907.md) (target)
- [Tewis](https://endata.com/companies/29973.md) (target)
- [Hubbard](https://endata.com/companies/45307.md) (target)

## Sources

- [daikinmea.com](https://www.daikinmea.com/en_us/press-releases/daikin-gewerbekaltestrategie.html), 2020-02-17: "With the acquisition of these four companies, Daikin will continue to provide its customers with high-quality refrigeration solutions from a single source."

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