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Daikin Acquires Italian Fluoropolymer Compounds Manufacturer Heroflon
2017/09/03

2017-09-01
Daikin Industries, Ltd., recently agreed to acquire Heroflon S.p.A., an Italian manufacturer of fluoropolymer compounds. Daikin will obtain all company shares owned by the Heroflon Executive Officers with finalization of the acquisition planned for the end of October 2017 after completion of all necessary procedures.

Heroflon is a compound manufacturer that produces high-performance fluoropolymers by combining various materials. Its product lineup includes fluoropolymer compounds and micro-powders centering on polytetrafluoroethylene (PTFE). PTFE is a highly functional and high value-added fluoropolymer used in a wide range of fields including the automotive, construction, electrical power, and chemical industries. Business operations center on the European market.

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