EU Clears Daikin, Copeland Joint Venture in HVAC Market

MT Newswires Live

2025/03/17

The European Commission cleared a joint venture between Daikin Industries (TYO:6367) and US-based Copeland LP under the EU Merger Regulation, according to a Friday statement by the regulator.

The venture will focus on residential air-conditioning, heating, and water heating.

The commission said the deal poses no competition concerns due to its limited impact on the European Economic Area.

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