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  4. Daikin acquires BKF Klima in Denmark to drive region’s carbon reduction efforts and expand upon installer upskilling opportunities

Press Releases

28 March 2024

  • Corporate/Financial Corporate/Financial

Daikin acquires BKF Klima in Denmark to drive region’s carbon reduction efforts and expand upon installer upskilling opportunities

Daikin Europe N.V. (Headquarters: Brussels, Kingdom of Belgium), a European subsidiary of Daikin Industries, Ltd. announces acquiring BKF Klima, a Danish Heating, Ventilation and Air Conditioning (HVAC) distributor, and previously part of Beijer REF. At Daikin’s new offices in Brøndby, Denmark, the company will also open two new facilities, including a Daikin Training Center for installers and Daikin Experience Center for consumers. This strategic acquisition will further enable Daikin to leverage its extensive R&D expertise in low carbon HVAC solutions for the region.

Strong distributor and installer network in Denmark

Daikin's acquisition of BKF Klima marks a significant step in the company's expansion strategy in Scandinavia, which began with Daikin Sweden (2008), Daikin Norway (2018), and a Daikin office in Finland (2018). Daikin holds a leading position in Europe, the Middle East, and Africa (EMEA), and with the acquisition of BKF Klima, the company now strengthens its position in Denmark as well.

As a distributor of HVAC technology, BKF Klima has acted as a distributor for Daikin Europe in the Danish market since 1985. BKF Klima was previously owned by Beijer Ref, a world-leading wholesaler of cooling technology and HVAC. Through this strategic acquisition, Daikin aims to leverage its extensive R&D expertise and establish educational opportunities for installers through localised training centers.

"The acquisition of BKF Klima with its outstanding reputation plays a pivotal role in strengthening our foothold in the region. Given Scandinavia's focus on sustainability, our investment serves a triple purpose for us: strategic growth, superior customer service and contributing to the adoption of low-carbon HVAC technologies in the Danish market," said Toshitaka Tsubouchi, President of Daikin Europe.

Simon Karlin, EVP EMEA at Beijer Ref comments: “We are confident that BKF Klima’s organisation and its employees will continue to thrive under Daikin. We are pleased to have found this solution, as Beijer Ref will continue its focus on growing the presence in Denmark with its strategic HVAC partners.”

New offices and Denmark’s first Daikin Experience and Training Center in Copenhagen

In the coming weeks, the entire BKF team will move to Daikin’s new offices in Brøndby, Copenhagen.

Robert Kagabo, who has extensive experience at Daikin and has just been appointed as Managing Director of Daikin Denmark, comments: “Coupled with our commitment to nurturing the personal development of our new teammates in Denmark, we are also ambitious for growth as an organization in the Danish market. Together, we aim to become the trusted partner for installers and consumer alike, solidifying Daikin's position as a leader in the industry.”

At the same location as its offices, the first Denmark-based Daikin Training Center for installers and Daikin Experience Center for consumers will open their doors later in 2024. These concepts are new for Daikin in Denmark, but well-established internationally:

Daikin Experience Center: a dedicated showroom which offers current and aspiring homeowners a chance to experience Daikin’s low-carbon solutions for heating and cooling in person. The new center in Copenhagen will add up to a total of 12 Daikin Experience Centers in Europe.

Daikin Training Center: an exclusive hub designed to provide comprehensive training sessions for Daikin’s network of installers. Through hands-on sessions and expert guidance, 116 Daikin Training Centers across the EMEA region ensure that installers are equipped with the knowledge and skills needed to excel in delivering top-notch services to Daikin customers.

"With our new larger organization and the two new centers, we can activate the expertise Daikin has to a greater extent and ensure even better trained installers. This benefits both installer companies and consumers," concludes Robert Kagabo.

Contribution to Denmark’s ambitious plans for phasing out fossil fuels

From 1976 to 2011, Denmark invested heavily in the roll-out of district heating. Fossil fuel boilers other than gas have been largely banned, and the country aims to decarbonize further through a ban on all fossils including gas boilers by 2030.

Vanessa Vega Saenz, Director Invest in Denmark at the Danish Ministry of Foreign Affairs welcomes the company's investment in Denmark:

"It is a positive development that Daikin is investing in Denmark. We need heating solutions that can contribute to making our society and individual households independent of fossil fuels and reduce CO2 emissions. The company's focus on training installers as well as providing inspiration targeted at consumers, can contribute to more people choosing greener energy solutions."

Daikin believes that its broad portfolio of low-carbon heating and cooling solutions in residential, commercial as well as industrial settings makes it well-placed to support Denmark’s society in the realisation of its decarbonisation ambitions.

About Beijer Ref

Beijer Ref is a global group specializing in providing refrigeration and HVAC (heating, ventilation, and air conditioning) solutions. The group counts over 150 subsidiaries in Europe, North America, Africa and Asia and Oceania, employs over 6,000 employees. The head office is located in Malmö, Sweden. Annual sales are approximately 32.1 billion SEK with sales across 45 countries.

About Daikin Europe N.V.

Daikin Europe N.V. is a subsidiary of the global group Daikin Industries, and the leading provider of heating, cooling, ventilation, air purification and refrigeration (HVAC&R) technology in Europe, Middle East and Africa. Daikin designs, manufactures, and brings to market a broad portfolio of products, maintenance services as well as turnkey solutions for residential, commercial, and industrial purposes. To date Daikin Europe has over 13,700 employees across more than 57 consolidated subsidiaries. It has 14 manufacturing facilities based in Belgium, the Czech Republic, Germany, Italy, Spain, Austria, the United Kingdom, Turkey, the United Arab Emirates, and the Kingdom of Saudi Arabia. The headquarters of the Daikin Europe group are in Ostend, Belgium. The company was established in 1972, production in Europe started in 1973.

About Daikin Industries Ltd.

Daikin Industries was founded in 1924, in Osaka, Japan. The global group employs over 96,000 people worldwide and is the market leader for heat pump and air conditioning systems, as well as air filtration. It is the only manufacturer in the world that develops and manufactures heating, ventilation, air conditioning and refrigeration equipment, as well as refrigerants in-house. The company achieved € 28.2 billion sales turnover in fiscal year 2022 (1 April 2022 – 31 March 2023).

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