April 25, 2017 11:20 AM ET

Machinery

Company Overview of Daikin Europe N.V.

Company Overview

Daikin Europe N.V. develops, manufactures, and sells indoor climate management solutions for residential, commercial, and industrial customers. It offers heating, air conditioning, hot water, and air purification solutions for domestic applications; heating, air conditioning, ventilation, and refrigeration solutions for application in apartments and collective housing, banks, hotels, offices, restaurants, public buildings and schools, shops, and sports and leisure facilities; and process cooling, ventilation, and refrigeration solutions for agriculture, data center, district cooling, food processing, manufacturing, petrochemical, pharmaceutical, warehousing, and winery applications. It offer...

Zandvoordestraat 300

Ostend,  8400

Belgium

Founded in 1972

Phone:

32 5 955 81 11

Fax:

32 5 955 88 99

Key Executives for Daikin Europe N.V.

President and Director
General Manager of Finance, Accounting & General Affairs and Director
Assistant Director, Member of Executive Board and Managing Director of Daikin A/C United Kingdom Ltd
General Manager of Information Systems, Assistant Director and Member of Executive Board
Vice President of Human Resources Management & Corporate/Strategic Planning and Director
Compensation as of Fiscal Year 2016.

Daikin Europe N.V. Key Developments

Daikin Europe Announces Partnership with BPE Partners to Establish Daikin Air Conditioning Egypt

Daikin Europe has announced its partnership with BPE Partners to establish Daikin Air Conditioning Egypt (Daikin Egypt) in Cairo, with a total investment of EGP 47 million. The press release explains that the main drive for the establishment of Daikin Egypt was the belief that Egypt's growing economy remains the pillar of growth for both the Middle East and Africa. In addition to the development of mega projects and cities such as the New Administrative Capital, the Suez Canal Area Development Project, and the ongoing expansion on the east and west borders of Greater Cairo, Egypt is paving the way for large-scale urban development projects.

Flow Products Ltd Announces Agreements with Daikin Europe NV

Flow Products Ltd. has signed two agreements with Daikin Europe NV and its UK subsidiary. These agreements give FPL access to an expanded heating product range, supplementing its core microCHP technology, allowing it to target all of the gas-fired heating market more quickly and which could potentially result in accelerated profitability.

Daikin Europe Launches Low Profile Mini VRV Solution

Daikin Europe extended its mini VRV range with the launch of the new VRV IV S-series compact. Standing at just under one metre high, including the installation feet, the VRV IV S-series compact has the lowest profile on the market. Its small footprint offers maximum flexibility for installers and designers, providing a discreet, go-anywhere solution that can be hidden behind low walls, hedges or concealed on balconies, successfully blending in with its surroundings to become virtually invisible. A low noise solution, the S-Series is perfect for urban or built-up areas, offering full compliance with building regulations and low sound impact. The introduction of the new mini-VRV IV S-Series extends the capability of Daikin's mini-VRV range, offering more choice for installers for all types of buildings than ever before. As well as the new, compact, single-phase 4 and 5 HP units, the standard range of 4-5-6 HP units - available in either single and three-phase - have also been updated from VRV III to VRV IV models. Furthermore, a new range of 8-10-12 three-phase VRV IV S-series units have been added to meet the requirement for larger capacities. Longer piping lengths allow units to be positioned away from the building for complete discretion and convenience, while front blow units remove the need for ducting, saving on installation costs and allowing units to be fitted in tight spaces previously unsuitable for an outdoor unit. Up to nine indoor units can be connected to a single outdoor unit to meet the needs of larger buildings.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 28, 2016
Zanotti S.p.A.
 

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