Daikin Europe N.V. has signed an agreement to purchase 100% of the shares of the company’s Norwegian distributor, Friganor AS, thereby strengthening its presence in the Norwegian market further.
Since 1986, Friganor AS has sold Daikin’s products in Norway and has through technical expertise and clear customer focus achieved a good foothold in the Norwegian market.
In line with the growth in the Norwegian economy, the market for Daikin’s products has expanded in recent years and will continue to grow due to increased demand for low-pressure GWP heating and air conditioning.