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Daikin has further expanded its European market presence in commercial refrigeration through recent acquisitions of AHT, Hubbard, Tewis and Zanotti. The company plans to expand this business in Asia and the USA.
Daikin Europe N.V., through its subsidiary Zanotti S.p.A., acquired all shares of Tewis Smart Systems S.L., a Spanish provider of standard and customized refrigeration solutions, on February 7, 2018. The deal strengthens Daikin's position in the refrigeration market.