Daikin confirms Solvay refrigerants purchase

JAPAN: Daikin says its acquisition of Solvay’s European refrigerants business will boost sales to €230m by 2018. In a deal reported to be worth around €22m, the deal gives the Japanese company, best known in the West as an air conditioning manufacturer, its first refrigerant manufacturing base in Europe. Daikin’s refrigerants business achieved sales of around €90m last year, … Continue reading Daikin confirms Solvay refrigerants purchase