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Daikin Acquires PT Tatasolusi Pratama in Indonesia

Osaka, July 25, 2013 (JCN) - Daikin Industries acquired PT Tatasolusi Pratama (TSP), a leading HVAC distributor in Indonesia, and has completed all subsequent procedures. Daikin intends to leverage TSP's sales network and expertise in the Indonesian commercial HVAC equipment market, and expand its presence in the commercial market by leveraging TSP's know-how.

Indonesia, with the largest population and economy in the ASEAN region, is experiencing rapid expansion in infrastructure investment. Also there are many Japanese companies investing in this market. Daikin will accelerate its business in Indonesia beginning with the expansion of sales to local Japanese companies.

Since its creation in June 2012, Daikin's existing subsidiary company in Indonesia, PT. Daikin Airconditioning Indonesia, has demonstrated its prowess in ductless air conditioning products through the steady expansion of sales.

With TSP and its advantage in commercial HVAC equipment, Daikin plans a two-company system offering a product lineup ranging from room air conditioners to large-size applied equipment. In strengthening its capability for sales and after sales service, Daikin aims to achieve the No. 1 position in the HVAC business in Indonesia.

By Chris Lui Staff Writer

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