Daikin Europe’s distributor purchases continue with news that it has acquired 100 percent of the shares of its Norwegian distributor, Friganor AS. Based in Oslo, Friganor has been an official sole importer of Daikin products to Norway since 1986. In that time, the company has developed a strong dealer network with full coverage of Norway. Daikin has also recently purchases the cooling business assets of its Finnish distributor Recair Oy.
Brands retailed: LG, Panasonic, and Intex Annual turnover (2017-18): Rs. 4 crore Projected growth (2018-19): 20 percent FY18 has been the most difficult year mostly for the dealer fraternity. After-effects of...Read More