Daikin Industries has announced it will acquire Turkish heating and air-con manufacturer Airfel A.S. for $257m. Daikin Europe NV, Daikin’s wholly-owned subsidiary in Belgium, plans to buy all shares ...

Get insights and exclusive content from the world of business and finance that you can trust, delivered to your inbox.

Daikin Europe, a wholly-owned subsidiary of Daikin Industries, has announced the establishment of an air-conditioning subsidiary in Egypt. Formed in partnership with BPE Partners, an Egyptian private ...

An employee works on a Daikin air-conditioning unit in the Indian state of Rajasthan. The Japanese company aims to export Made in India air-con products to 100 ...

Daikin Industries Ltd, the world’s largest air-conditioner manufacturer, has contributed US$12,000 to the 251 foreign workers who went without salary for seven months. The Osaka-based conglomerate ...

The global shortage of semiconductors and appliance parts has caused stock shortages of home appliances These involve popular products such as KDK fans, Mitsubishi air-conditioners and Samsung washing ...

Daikin Middle East and Africa, a leading global manufacturer of Heating, Ventilation, Air Conditioning & Refrigeration (HVAC-R) solutions released its first Art of Air survey findings shedding light ...

Intended for applications in commercial buildings, the new VRV 5 heat pumps have reportedly a 9.1% higher seasonal efficiency compared to the company’s previous models. The new products use ...

Main lines: Various major manufacturers supply products that are branded with the Air-Con name. Jaime Maldonado is ready to take advantage of the ductless revolution. Maldonado, the president of two ...

MINNEAPOLIS — Daikin Applied announced that it has acquired Alliance Air Products, a San Diego-based provider of custom air-handling equipment design and manufacturing. Alliance Air’s engineering and ...