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Majority stake Announced Nov 2018

Daikin to acquire AHT Cooling Systems for €881m

Relationship map

Relationship map for Daikin to acquire AHT Cooling Systems for €881mparent ofDaikin Industries Ltd.: PlatformDaikin Industries Ltd.AHT Cooling Systems: Operating CompanyAHT Cooling Systems
Operating CompanyPlatform

Parties

Acquirer
Daikin Industries Ltd.
Platform
Target
AHT Cooling Systems
Operating Company

Market signals

Summary

Daikin confirmed plans to purchase AHT Cooling Systems, a European manufacturer of plug-in refrigerator and freezer systems, for €881m, a move expected to triple Daikin's refrigeration sales.

Primary source