Daikin Acquires Italian Fluoropolymer Compounds Manufacturer Heroflon

Daikin Industries, Ltd. agreed to acquire Heroflon S.p.A., an Italian manufacturer of fluoropolymer compounds. The acquisition is expected to close by the end of October 2017 and will allow Daikin to fully enter the fluoropolymer compound business, leveraging its global network to expand sales, particularly in the automotive sector.

“Daikin Industries, Ltd., recently agreed to acquire Heroflon S.p.A., an Italian manufacturer of fluoropolymer compounds. Daikin will obtain all company shares owned by the Heroflon Executive Officers with finalization of the acquisition planned for the end of October 2017 after completion of all necessary procedures.”

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