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New Deal


Announced

Daikin Industries acquired AHT Group from Bridgepoint for €881m.

Synopsis

Daikin Industries, a Japanese multinational air conditioning manufacturing company, acquired AHT Group, a leading company in the commercial refrigeration market in Europe, from Bridgepoint, for €881m. With this acquisition, Daikin is adding AHT showcases to its own wide range of products, services, and solutions based on its air conditioning and refrigeration equipment. This will enable the company to become a one-stop provider offering complete coordination of air conditioning and refrigeration products. This acquisition is also expected to solidify Daikin's business foundation in Europe and promote full-scale expansion of its refrigeration business in the United States as well as Asia, a region of remarkable growth in both population and economic prosperity.

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