# Daikin agrees to acquire Italian hydraulic equipment maker Duplomatic MS SpA for €220M

Daikin has reached an agreement to acquire Duplomatic MS SpA, an Italian manufacturer of hydraulic equipment, for €220 million. The acquisition is expected to close in June 2022.

- Type: Acquisition
- Announced: 2022-05-13
- Where: Italy
- Value: $231.0M (220.0M EUR)
- Status: announced
- Products: hydraulic equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Duplomatic MS](https://endata.com/companies/6524.md) (target)
- [Daikin](https://endata.com/companies/10434.md) (acquirer)

## Sources

- [firsteco.fr](https://www.firsteco.fr/734816-base-a-nanterre-daikin-conclut-un-accord-pour-le-rachat-de-la-societe-italienne-duplomatic-ms-spa/), 2022-05-13: "Le groupe Daikin (Nanterre, 92 ; 580M€ de CA 2021 ; 520 collab.), spécialisé dans la fabrication de solutions hautes performances de chauffage, de rafraîchissement, de ventilation et de réfrigération, a récemment conclu un accord pour le rachat de la société Duplomatic MS SpA, un fabricant italien s"

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