Daikin Applied Acquires SAEG Engineering Group

Daikin Applied announces the acquisition of SAEG Engineering Group, a Panama-based firm that expands the applied HVAC company’s ability to serve customers in all of Latin America’s major markets. “SAEG bring us specific engineering expertise in the complex-project arena with a strong focus in industrial, mining, and pharmaceutical manufacturing,” states Daikin CEO Mike Schwartz. “This acquisition gives customers and our partners,  immediate access to experts who will help create smarter, more configurable solutions that optimize building environments for their people.” The team at SAEG brings a unique combination of proven engineering expertise as well as commercial support to the Daikin team. With the acquisition, Daikin Applied will be better positioned to meet customers’ needs in the growing building space with enhanced solutions and systems capabilities. “We are confident that combining forces with the SAEG and Daikin teams will deliver integrated solutions and competitive edge that our customers and building operators need to achieve their business goals and reach new levels of building performance,” says George Calienes, SVP/General Manager, Daikin Latin America Operations. “SAEG’s commercial division represents other top brands giving customers in Latin America access to a world-leading portfolio of products and services. The powerful line up helps us further engineer comprehensive system solutions for our customers.” Read More
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