Announced

Completed

Daikin Applied completed the acquisition of Carroll Air Systems.

Synopsis

Daikin Applied, a manufacturer of advanced commercial and industrial HVAC solutions, completed the acquisition of Carroll Air Systems, a manufacturer of HVAC equipment and provides commercial services. Financial terms were not disclosed. "Daikin Applied and Carroll Air Systems have a shared mission to deliver an unrivaled customer experience. Bringing the Carroll Air team into our organization fits our culture and structure. However, it's our customers that will ultimately benefit. They will have access to the most proven, experienced professionals in the region — specialists now backed by the innovation, resources and capabilities of a global leader," Jeff Drees, Daikin Applied President and CEO.

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