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Daikin Industries Establishes Swedish Subsidiary
Feb 13, 2008
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Daikin Industries, Ltd. established a Swedish subsidiary after aquiring all assets of Svenska Daikin AB.

The new company is named Daikin Sweden AB and it will sell heating and air-conditioning appliances in Sweden. In particular, it will focus on selling heating systems based on Altherma, a hot water heating system using heat pump technology. 

The new company represents the first time the Daikin Group has had a formal business plan on the heating business. 

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