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Japan's Daikin Industries says completes acquisition of AHT for 579 mln euro
Aeris Environmental Announces Alliance With Goodman Global Group, Division Of Daikin Industries
Japan's Daikin Says To Buy AHT Group For 881 Million Euros
DAIKIN INDUSTRIES, LTD. is a manufacturing company on air conditioners, refrigerators, chemicals, oil machines and special purpose products. The Company operates in two segments. The Air Conditioning and Freezer segment manufactures and sells housing equipment, such as air conditioning, air purifiers and water boilers; commercial equipment, including package/spot air conditioning, water chilling units and turbo refrigerators; marine equipment, such as marine container air conditioning and ship freezers. The Chemical segment supplies fluorocarbon gases, fluorine resins, chemical products and chemical engineering machines. The Company also manufactures and sells hydraulic equipment and machinery for industrial and construction machinery use, as well as information technology (IT) infrastructure management systems, among others.
Misc. Capital Goods
19F, Umeda Center Bldg.
2-4-12, Nakazaki-Nishi, Kita-ku
Chairman of the Board, Global Group Representative Executive Officer
President, Chief Executive Officer, Representative Director
Managing Executive Officer, Chief Director of Accounting & Finance
Chairman of Subsidiary, Non-Executive Director
Kanwal Jeet Jawa
President of Subsidiary, Non-Executive Director
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There's a sense of panic within Japan Inc and the government - the world's No. 3 economy doesn't have enough experts in artificial intelligence and it's time to do something about it.
Japan's Daikin Industries Ltd <6367.T> said on Monday it would buy Austria-based AHT Cooling Systems for 881 million euros (780 million pounds) as it seeks global growth outside the maturing air-conditioning business in the developed world.
Japan's Daikin Industries Ltd said on Monday it plans to buy Austria-based AHT Cooling Systems for slightly more than 100 billion yen ($885 million), confirming a report in the Nikkei business daily.
Daikin Industries, <6367.T> the world's largest maker of air conditioning equipment, is turning to Africa for further expansion, 10 years after a successful gamble on sharing its key technology with a Chinese company.
* Daikin Industries Ltd's group operating profit for April-September probably grew 7% on the year to just shy of 150 billion yen - Nikkei
* Daikin Industries Ltd likely earned 230 billion Yen ($2.06 billion) operating profit for the fiscal year ended March - Nikkei
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