Daikin completed the acquisition of ThermalNetics and TriState HVAC Equipment.

Daikin, an air conditioning company, completed the acquisition of ThermalNetics, a heating equipment supplier, and TriState HVAC Equipment, a distributor of commercial HVAC mechanical systems. Financial terms were not disclosed. "Our mission is to deliver innovative solutions and an exceptional customer experience. That means solving today's challenges with speed and agility, and having a long-term roadmap to continue to support customers throughout the lifecycle of their equipment and buildings. With ThermalNetics and TriState as part of the Daikin Group, we have the people, technology and structure to evolve with our customers," Mike Schwartz, Daikin Applied President and CEO of Daikin.