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

19th August 2026

Samsung to establish HVAC production line in Korea

SOUTH KOREA: Samsung Electronics is to establish a FläktGroup HVAC production line in Korea to target the rapidly growing HVAC market, including the production of advanced cooling solutions for AI…
19th August 2026

$22.3m for sustainable cooling projects in Africa

ETHIOPIA: Twelve projects in Africa are to receive more than US$22.3m in funding to accelerate the continent’s transition toward sustainable cooling, energy efficiency, climate action and ozone layer protection. 
19th August 2026

Daikin expands available EPDs 

UK: Daikin has expanded its range of Environmental Product Declarations (EPDs) to include commercial air conditioning, chillers and commercial heat pump ranges. 
19th August 2026

Cool energy from waste heat

SOUTH KOREA: A Korean research team has developed a chemical adsorption heat pump system powered by low-temperature waste heat.
18th August 2026

Carrier acquires Toshiba distributor in Benelux

BENELUX: Carrier has completed the acquisition of Intercool, the authorised distributor of Toshiba HVAC products in Belgium, the Netherlands and Luxembourg.
18th August 2026

Ziehl-Abegg to build €25m factory in China

CHINA: German motor and fan manufacturer Ziehl-Abegg has broken ground on a new €25m production facility in China.