World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Daikin Applied expands in Latin America

USA: Daikin Applied has improved its ability to serve customers in Latin America with the acquisition of Panama-based contractor SAEG Engineering Group.

SAEG was founded in 1997 in Miami, USA, and has since covered a large part of the Latin American market with offices in Colombia, Costa Rica, Dominican Republic, Panama and Chile.

“SAEG bring us specific engineering expertise in the complex-project arena with a strong focus in industrial, mining, and pharmaceutical manufacturing,” said Daikin CEO Mike Schwartz. “This acquisition gives customers and our partners immediate access to experts who will help create smarter, more configurable solutions that optimise building environments for their people.”

Daikin says that SAEG will provide proven engineering expertise as well as commercial support to the its existing team and enable it to offer enhanced solutions and systems capabilities.

“We are confident that combining forces with the SAEG and Daikin teams will deliver integrated solutions and competitive edge that our customers and building operators need to achieve their business goals and reach new levels of building performance,” said George Calienes, SVP/general manager, Daikin Latin America Operations. “SAEG’s commercial division represents other top brands giving customers in Latin America access to a world-leading portfolio of products and services. The powerful line up helps us further engineer comprehensive system solutions for our customers.”

Last month Daikin Applied Germany  acquired Aircool GmbH, its Munich-based sales and service partner.

Related stories:

Daikin Applied buys German service partner19 May 2017
GERMANY: Daikin Applied Germany has acquired Aircool GmbH, its Munich-based sales and service partner. Read more…

 

Latest News

10th February 2026

Danfoss adds large‑scale CO₂ ejector

DENMARK: Danfoss has introduced a large‑scale CO₂ ejector designed to optimise industrial refrigeration systems.
10th February 2026

Belgian deputy PM visits Daikin R&D centre

BELGIUM: Belgian deputy prime minister, Vincent van Peteghem, paid a visit to Daikin’s EMEA R&D centre in Ghent, yesterday, touring the company’s specialised laboratories.
10th February 2026

Trane to acquire liquid cooling company LiquidStack

USA: Trane Technologies has entered into a definitive agreement to acquire LiquidStack, a US-based leader in data centre liquid cooling technology.
10th February 2026

Eurovent issues cPCR refrigeration guidance

BELGIUM: Eurovent has published a document providing recommendations for Product Category Rules complementary to EN15804 or EN50693 for the development of EPD’s for commercial refrigeration equipment.
10th February 2026

Trane co-founder to join Inventors Hall of Fame

USA: Reuben Trane, the engineering pioneer and co-founder of Trane Technologies, is to be inducted into the US National Inventors Hall of Fame (NIHF) as a member of the 2026 class.
10th February 2026

Researchers boost viability of magnetic refrigeration

GERMANY: Researchers from Germany and Japan claim to have unlocked a way to enhance the performance of magnetocaloric refrigeration and improve the material’s durability.