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Add-on acquisition · Closed Dec 2022 Verified

Daikin Comfort Technologies acquires Venstar Inc.

Relationship map

Relationship map for Daikin Comfort Technologies acquires Venstar Inc.parent ofDaikin Industries Ltd.: PlatformDaikin Industries Ltd.Venstar Inc.: Operating CompanyVenstar Inc.
Operating CompanyPlatform

Parties
Acquirer
Daikin Industries Ltd.
Platform
Target
Venstar Inc.
Operating Company

Market signals

Summary

Daikin Comfort Technologies North America, a subsidiary of Daikin Industries Ltd., acquired controls and energy-management systems maker Venstar Inc., which will operate as a wholly owned business unit.