World News
Daikin buys its Indonesian distributor
JAPAN: Daikin has acquired its distributor in Indonesia, PT Tata Solusi Pratama (TSP).
The Japanese air conditioning manufacturer says the acquisition will enable it to capitalise on TSP’s sales network and expertise in the Indonesian commercial hvac market.
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| It is not yet clear how many Daikin employees in northern Europe will be requesting a transfer to Surabaya, East Java |
Daikin set up its own subsidiary PT Daikin Airconditioning Indonesia in June 2012, which has demonstrated its prowess in ductless air conditioning products through the steady expansion of sales. With TSP and its advantage in commercial HVAC equipment, Daikin says it plans a two-company system offering a product lineup ranging from room air conditioners to large-size applied equipment.Indonesia, with the largest population and economy in the ASEAN region, is a market that is experiencing rapid expansion in infrastructure investment. And Daikin is not alone. There are many Japanese companies investing in this market. One of its closest competitors in Europe, Mitsubishi Electric, opened a subsidiary office in Jakarta at the end of last year.
TSP was founded by the Kirkham Group in 1991. Based in Surabaya, East Java, the company has six offices in the region offering high-end hvac solutions through a distribution network of more than 200 dealers. It is currently a distribution partner for Daikin Group (Daikin VRV Systems) and OYL Group (McQuay, Acson, AAF, J&E Hall).
