Loading…

ENDATA · Copyright (c) 2026 Endata · Data: CEPII BACI (Etalab 2.0), Federal Reserve G.17, U.S. BLS, Eurostat, World Bank (CC BY 4.0), GLEIF, SEC EDGAR; announcements summarized from the linked sourcesProspects Companies Sectors Announcements Countries

HOME BRIEF PROSPECTS SECTORS ANNOUNCEMENTS COMPANIES COUNTRIES

>

INDUSTRIAL MARKET INTELLIGENCE

ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Daikin acquires Citizen Industries' Bengaluru facility for Rs 125 crore · Endata

◂ Announcements

Dec 22, 2020ACQUISITIONBengaluru, India

Daikin acquires Citizen Industries' Bengaluru facility for Rs 125 crore

Daikin Air conditioning India Private Limited acquired Citizen Industries Limited's manufacturing facility in Bengaluru for Rs 125 crore, including a 100% shareholding in Citizen. The deal aims to strengthen Daikin's position in the commercial air-conditioning segment in India.

Value

$16.9M (1.25B INR)

Status

Completed

Productsair-handling unitsfan coil unitsHVAC coils

CompaniesDaikin Air-conditioning India acquirer Citizen Industries target

Sectors#HVAC and Industrial Refrigeration

“The deal worth Rs 125 crore will enable Japanese air-conditioning major increase its footprint in the commercial air-conditioning segment and offer a complete solution in India”legaleraonline.com

1 source
legaleraonline.comDSK Legal helms Citizen Industries sell its Bengaluru facility to DaikinLegal Era News NetworkDec 22, 2020

Summarized from public sources; check the original articles before acting on it.

More from Daikin Air-conditioning India

Feb 12, 2026NEW FACILITYSri City, India$65.0M
Daikin-Rechi breaks ground on Rs 547 crore rotary compressor plant in Sri City
Rechi India Daikin Air-conditioning India partner thehansindia.com
Nov 23, 2023NEW FACILITYSri City, India3,000 jobsops 23 Nov 2023
Daikin inaugurates new HVAC plant in Sri City, India
Daikin Air-conditioning India Daikin Industries partner sricity.in timesofindia.indiatimes.com
Apr 7, 2022NEW FACILITYSri City, India$132.0Mops 2023
Daikin India lays foundation stone for third plant in Sri City
Daikin Air-conditioning India Daikin Industries partner sricity.in daikinindia.com
Apr 1, 2022INVESTMENTIndia$131.0M
Daikin signs land deal for third factory in India with INR 1000 crore investment
Daikin Air-conditioning India 22gtv.com
Apr 1, 2022PRODUCT LAUNCHChandigarh, India
Daikin launches new U-Series split room ACs in India
Daikin Air-conditioning India 22gtv.com
Feb 10, 2022INVESTMENTIndia$134.0M
Daikin signs land deal for third India factory with INR 1000 crore investment
Daikin Air-conditioning India Daikin Industries partner financialsamachar.com

Similar announcements

Feb 12, 2025ACQUISITIONIndia$8.00B
Bosch receives CCI approval for $8B Johnson Controls HVAC acquisition
Hitachi target Bosch acquirer thehindubusinessline.com manufacturingtodayindia.com
Nov 5, 2026ACQUISITIONBristol, United Kingdom
bluu unit acquires majority stake in Space Engineering Services
Triton Partners investor bluu unit acquirer dealroom.co
Nov 5, 2026ACQUISITIONRichardson, Texas, United States
Automated Logic signs agreement to acquire Logical Solutions
Carrier Global Corporation investor Automated Logic Contracting Services acquirer automatedlogic.com
Nov 4, 2026ACQUISITIONOntario, Canada; Jacksonville, Texas, Canada450 jobs
Trane Technologies to acquire Cancoil Thermal Corporation
Trane Technologies acquirer Cancoil Thermal Corporation target manufacturing.net ien.com
Nov 4, 2026ACQUISITIONSwitzerland
Ahlsell launches public tender offer for Swiss Meier Tobler Group
Ahlsell acquirer Meier Tobler Group target news.cision.com
Nov 4, 2026CONTRACTPune, India, India$1.16M
Shree Refrigerations secures INR 9.75 crore order from Kongsberg Maritime
Shree Refrigerations Kongsberg Maritime customer forpressrelease.com