Corporate overview of Daikin Europe N.V.
Daikin
Europe N.V. is the sales and manufacturing headquarter for Europe,
Africa and Middle East for Daikin’s air conditioning, heat pump and
refrigeration equipment. As a 100% subsidiary of Japan-listed Daikin
Industries Ltd., its main mission is to respond to the evolving
requirements of its customers for residential, commercial and
industrial applications.
In 1972, Daikin Industries Ltd. intended to explore the European
markets and established Daikin Europe N.V. as headquarter in Ostend,
Belgium. Initially, Daikin Europe N.V. was mainly used as an assembly
and distribution centre for Daikin Industries Ltd. Nowadays Daikin
Europe N.V. has gradually developed into an advanced air conditioning,
heat pump and refrigeration production facility that prides itself in
being one of the most innovative players in the market.
In 1982, the company formed its first joint venture in Belgium. This
was the start of an expansion process that transformed Daikin Europe
N.V. over the years into a pan-European group. In 1987 Daikin
Airconditioning France SAS became the first affiliate and between 1998
and 2008, Daikin Europe N.V. acquired 11 of its distributors, in order
to build a powerful sales network throughout Europe.
In 2004, Daikin Industries Ltd. and Daikin Europe N.V. also decided to
build a new production plant in the Czech Republic, Daikin Industries
Czech Republic sro. In financial year 2007 the expansion of the sales
network was continued through the acquisition of two distributors: Itho
Airconditioning B.V. in the Netherlands and Svenska Daikin A.B. in
Sweden. In addition a service branch and marketing company was set up
in Turkey.
During 2007, the sales companies of Mc Quay in Italy, France and Spain
were also merged with the Daikin companies in the respective countries.
In financial year 2007, Daikin Europe N.V. achieved a consolidated
turnover of over 1.9 billion Euro in more than 40 countries.
