# 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.

- Type: Acquisition
- Announced: 2022-04-28
- Where: Italy
- Value: $240.0M (220.0M EUR)
- Status: announced
- Products: hydraulic valves, hydraulic pumps, hydraulic cylinders, hydraulic power units
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Alcedo SGR](https://endata.com/companies/4695.md) (partner)
- [Daikin Industries](https://endata.com/companies/6523.md) (acquirer)
- [Duplomatic MS](https://endata.com/companies/6524.md) (target)

## Sources

- [daikin.com](https://www.daikin.com/press/2022/20220428), 2022-04-28: "The acquisition price is 220 million euros (27.5 billion yen at an exchange rate of 1 euro = 125 yen)."
- [valve-world-americas.com](https://valve-world-americas.com/daikin-acquires-duplomatic-motion-solutions/), 2022-05-09: "Daikin Industries, Ltd., a global organization has recently concluded a share purchase agreement with Duplomatic MS S.p.A"

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