Brussels, 10 November 2022 – Daikin Europe N.V. announces that its subsidiary Daikin Air Conditioning Italy S.p.A. has acquired Italian company Landi S.p.A.. The deal that was closed in Milan yesterday will strengthen Daikin’s total solutions offering for commercial and industrial customers.
- Daikin Italy acquires technical service company Landi S.p.A.
- Landi S.p.A. specialises in engineering and project management of large systems
- The acquisition fits into Daikin Europe’s plans to become a total solutions provider
Landi S.p.A. was founded in Ciserano, Lombardy, in 1976. The company specialises in the engineering and management of large size electrical, mechanical and HVAC (heating, ventilation and air conditioning) systems . In recent years, the company has expanded its activities into the domain of building automation.
The acquisition of Landi S.p.A. marks another step in Daikin Europe’s plans to develop its service and solution proposition in the HVAC market. Along with growing equipment sales, and strengthening the service capability for its partner network, Daikin Europe also aims to channel expertise and technologies into business offerings that provide maintenance and turnkey solutions. To achieve this, Daikin Europe is looking to realize both organic, as well as external growth.
“The acquisition is instrumental in extending Daikin Italy’s capabilities in systems engineering and project management, in particular for large commercial and industrial projects, thus allowing us to offer total building solutions. We warmly welcome the whole Landi team to the great Daikin Italy team,” comments Geert Vos, Managing Director of Daikin Air Conditioning Italy S.p.A..
“We are extremely pleased that a company of Daikin’s reputation values Landi’s activities so highly and appreciates the technical skills of the more than 50 professionals who work here. The synergy with Daikin Italy will strengthen the visibility of our company and enable us to maximise the value we create,” says Stefano Valtellina, CEO of Landi S.p.A..
Landi S.p.A. is not affiliated with other companies that have Landi included in their name.
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Daikin Europe N.V.
Daikin Europe is a subsidiary of Daikin Industries Ltd. and the leading provider of heating, cooling, ventilation, air purification and refrigeration solutions in Europe, the Middle East and Africa. The company designs, manufactures and brings to market a broad portfolio of equipment, as well as tailor-made solutions for residential, commercial and industrial purposes. To date Daikin Europe has over 12,000 employees working at more than 59 consolidated subsidiaries. It has 12 major manufacturing facilities based in Belgium, the Czech Republic, Germany, Italy, Spain, Turkey, Austria and the UK. The headquarters of the Daikin Europe group are in Belgium, Ostend. The company was established in 1972, production in Europe started in 1973.
About Daikin Industries Ltd.
Based in Osaka, Japan, Daikin Industries employs over 89,000 people worldwide. The global company is market leader for heat pump and air conditioning systems, as well as air filtration. It is the only air conditioning manufacturer in the world that researches, develops and produces all important system components, such as refrigerants, compressors and electronics, in-house. The company achieved € 23.7 billion sales turnover in financial year 2021 (1 April 21 – 31 March 22).
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