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Daikin Industries will invest 300 million euros to build a new heat pump unit factory at the Ksawerów Industrial Park in Lodz Province, Poland. Operations are set to start in July 2024.
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.
Daikin Air-conditioning India, a subsidiary of Daikin Industries, held a foundation laying ceremony on 7 April 2022 to start construction of its third manufacturing unit in India at Sri City. The factory is part of Daikin's Fusion 2025 growth strategy.
Daikin Air-conditioning India, a subsidiary of Daikin Industries, signed a land deal for a third factory with an investment of INR 1000 crore. The article mainly covers a new split AC range and the investment figure is reported in the headline.
Daikin Industries completed its acquisition of all shares of Duplomatic MS Spa, the Parabiago, Italy-based maker of hydraulic and electromechanical motion control components, on June 30, 2022.
