Daikin Applied completed the acquisition of Alliance Air Products.

Daikin Applied, a commercial and industrial HVAC systems provider, completed the acquisition of Alliance Air Products, a custom air-handling equipment design and manufacturing company. Financial terms were not disclosed. "Alliance Air has differentiated itself for its manufacturing acumen, creative designs, and nimble work and delivery. While this acquisition does, indeed, uniquely diversify and strengthen our portfolio, the true advantage is to our customers, especially those with hyper-scale and colocation data centers. The integration with the Alliance Air team will be rapid and seamless so we can bring these benefits to our customers quickly," Jeff Drees, Daikin Applied President and CEO.