Announced
Completed
Financials
Tags
United States
Majority
Completed
energy efficiency products
automation systems
Cross Border
hvac systems
Private
Machinery: Industrial
Acquisition
Single Bidder
Friendly
design firm
Mechanical engineering
Merger
Synopsis
Daikin, a Japanese multinational air conditioning manufacturing company, completed the merger with Elitaire, a consulting and mechanical engineering design firm. Financial terms were not disclosed. “One source for service and solutions — and a full bench of skilled technicians — allows us to increase customer support no matter the need, and the value that ElitAire and our other independent reps provide to customers is a key reason we’re growing and positioned to lead the applied HVAC industry,” David Godsil, Daikin Industries vice president and general manager.
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