Daikin building out commercial refrigeration via serial acquisitions

The AHT deal follows Daikin's 2016 acquisition of Italian commercial refrigeration manufacturer Zanotti, illustrating Daikin's serial-acquisition build-out of its refrigeration business across Europe, the U.S., and Asia.

“In 2016, Daikin acquired Italian commercial refrigeration manufacturer, Zanotti, extending its business to industrial refrigeration equipment for food processing and warehouse storage in addition to refrigeration equipment used in shipping such as marine containers and overland trucks and vans.”

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