Majority stake Announced Feb 2016
Daikin to acquire US air filter maker Flanders for $430 million
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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, announced the $430 million acquisition of US air filter manufacturer Flanders Holdings, buying all shares from investor Insight Equity Holdings, with closing expected in April 2016.