Daikin acquires air handling unit business of Citizen Industries

Daikin Airconditioning India has acquired the air handling business of Ahmedabad-based Citizen Industries, a deal estimated at Rs 100-125 crore. The acquisition includes manufacturing units in Ahmedabad and Bengaluru and around 650 employees.

“This will have a synergy with our existing product sales.”timesofindia.indiatimes.com

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• timesofindia.indiatimes.comDaikin acquires air handling unit business of Citizen Industries - Times of IndiaPTIDec 20, 2020

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