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.
The market for the dealer fraternity is getting tougher by the day on the back of highly competitive environment. Despite all challenging factors, we are bullish on gaining back our...Read More