Daikin Europe to acquire German heating manufacturer Rotex. (29/08/2008)

On August 29, 2008, Daikin Europe N.V., a 100% subsidiary of Daikin Industries Ltd. headquartered in Osaka, Japan, announced an agreement with the principal shareholders to acquire 100% of Rotex Group Companies with headquarters in Güglingen, Germany. Rotex is engaged in the production and distribution of heating products and complete heating systems. This acquisition –subject to the approval of the antitrust clearance authorities in Germany – strengthens Daikin’s offerings and market presence in its heating segment. The final transfer of business is expected to take place by 1 October 2008.

New Daikin VRV and Chiller plant in India (10/06/2008)

Daikin Europe announces the establishment by parent company Daikin Industries Ltd. of a new factory in India. The facility is located close to New Delhi and initially will produce VRV systems and chillers.

Daikin Brno plant celebrates 1 millionth compressor (05/06/2008)

On 13 February 2008, the second anniversary of the start of production, the Daikin compressor plant in Brno, Czech Republic, celebrated the production of its 1 millionth compressor.

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