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Daikin to acquire Italian commercial refrigeration maker Zanotti for 98M euros

Relationship map

Relationship map for Daikin to acquire Italian commercial refrigeration maker Zanotti for 98M eurosparent ofDaikin Industries Ltd.: PlatformDIDaikin Industries Ltd.Daikin Europe N.V.: Operating CompanyDEDaikin Europe N.V.
Operating CompanyPlatform

Parties

Acquirer
Daikin Industries Ltd.
Platform
Target
Daikin Europe N.V.
Operating Company

Market signals

Summary

Daikin Industries, via Daikin Europe N.V., announced it will acquire Zanotti S.p.A., an Italian commercial refrigerator and freezer manufacturer, for 98 million euros to expand its European cold-chain business. Manufacturer-tier deal.

Primary source