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 buys Swedish heat pump service business

BELGIUM/SWEDEN: Daikin has acquired the Swedish residential heat pump service company Kylslaget. 

Founded in 2007, Kylslaget AB has 32 employees and can serve 95% of Swedish households thanks to its presence in key areas around Stockholm, Göteborg and Malmö. It currently covers more than 7,000 maintenance services annually.

According to Daikin, the acquisition will strengthen its nationwide residential heating service network in Sweden, increase the number of service technicians and further expand Daikin’s service expert training programmes.

Completing the deal: Masatsugu Minaka, chairman of the board at Daikin Europe (centre), with Kylslaget co-owners Petrus Joona (left) and Jacob Forss

Commenting on the Kylslaget business, Daikin Sweden MD Stéphane Cupani said: “They have built extensive service capacity and have created an outstanding training programme for technicians. We look forward to exchanging our joint technological HVACR expertise and utilise their experience to further build out our nationwide service organisation in Sweden.”

This latest Scandinavian deal follows Daikin’s acquisition of BKF Klima in Denmark last year. Sweden has one of the highest concentrations of heat pumps in Europe, with approximately 437 heat pumps per 1,000 households.

Scandinavia is seen as an important market for Daikin. It established Daikin Sweden in 2008, followed by Daikin Norway and Daikin Finland in 2018 and Daikin Denmark in 2024.

Latest News

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. 
18th August 2026

Ricardo Bristotti appointed Nidec GA president

BRAZIL: Nidec Global Appliance, owner of the Embraco brand, has appointed Ricardo Bristotti as its new president. He replaces Alberto Casnati. 
17th August 2026

US AC and heat pump shipments up 21.7%

USA: US shipments of central air conditioners and air-source heat pumps totalled 1,023,571 units in June, an increase of 21.7% compared to June 2025. 
17th August 2026

Trane and Eaton combine to benefit data centres

USA: Trane Technologies has announced a collaboration with intelligent power management company Eaton to help accelerate AI-factory deployment, enhance efficiency and lower costs.
17th August 2026

EBM-Papst bought by US company Madison for $5.4bn

USA/GERMANY: Madison Air Solutions, a Chicago-based company with over 30 air quality solutions brands, is set to acquire German fan and motor systems manufacturer EBM-Papst for $5.4bn.