The collaboration will combine Fairy Devices’ expertise in digital technology, such as voice recognition, edge AI,...
Daikin’s subsidiary in Singapore is reported to have acquired local building management systems company BMS Engineering and Trading Pte Ltd for S$12.9m (US$9.4m).
Established in 2006 is a main distributor of Schneider Electric’s TAC VISTA building management system. It is also a distributor of TA balancing valves in Singapore and sole distributor for the product in Brunei.
Daikin Singapore sees the acquisition as a complement to its air conditioning sales by being able to include building management systems in its solutions for clients.