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Apr 28, 2022ACQUISITIONItaly Daikin acquires Italian hydraulics maker Duplomatic MS for EUR 220M
Daikin Industries has signed a share purchase agreement to acquire Duplomatic MS S.p.A., an Italian hydraulic equipment manufacturer, for 220 million euros from Alcedo SGR and management. Completion is scheduled for June 2022.
Value
$240.0M (220.0M EUR)
Productshydraulic valveshydraulic pumpshydraulic cylindershydraulic power units
“The acquisition price is 220 million euros (27.5 billion yen at an exchange rate of 1 euro = 125 yen).”daikin.com
- 2 sources
- daikin.comDaikin Global | Press Releases | Daikin Acquires Duplomatic MS S.p.A, an Italian Comprehensive Hydraulic Equipment ManufacturerApr 28, 2022
- valve-world-americas.comDaikin Acquires Duplomatic Motion Solutions - Valve World AmericasMay 9, 2022
Summarized from public sources; check the original articles before acting on it.
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