Daikin Europe N.V., a wholly owned subsidiary of Daikin Industries, has acquired Rotex Heating System GmbH.
Rotex is based in Germany as well as in Italy and France. It manufactures and sells condensing boilers, floor heating systems, solar water heaters, and other products.
Daiken says the acquisition will allow it to accelerate expansion of its heating business by enhancing its lineup of low CO2 heating products and reinforcing its sales network.
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