Majority stake Announced Feb 2016
Daikin to acquire US air filter manufacturer Flanders for $430 million
Relationship map
Parties
Parties
Market signals
Market signals
Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
Summary
Daikin Industries, through subsidiary American Air Filter Co., announced the $430 million acquisition of US air filter manufacturer Flanders Holdings from investor Insight Equity Holdings, expected to close April 2016.