
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. |