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.
2018 was not in our favor as the sales of air conditioners witnessed a steep decline. 1.5-ton capacity with 3-star rating split models contributed 70 percent to sales. We are...Read More