Announced
Completed
Synopsis
Daikin Applied Americas, a global manufacturer of commercial and industrial HVAC system, completed the acquisition of Modular Comfort Systems, a New York-based sales engineering firm specializing in customized HVAC solutions for commercial, institutional, and industrial buildings. Financial terms were not disclosed. "With changing regulations on the horizon, our customers need energy-efficient, low-carbon solutions for their buildings and facilities, and we can support this growing need by investing in Modular Comfort Systems. Modular Comfort Systems has been a leading sales engineering firm in upstate New York for over 50 years, and their expertise has resulted in top-tier performance and efficiency for their customers. Their continued success is a testament to their abilities and we're pleased to welcome the team to the Daikin Group," Yu Nishiwaki, Daikin Applied Americas COO.
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