Daikin Acquires Airmaster Corporation

Daikin Industries, through its subsidiary Daikin Australia, acquired all shares of Airmaster Corporation Pty Ltd. for 100 million Australian dollars to strengthen its service and solutions business in the region.

“Daikin Industries, Ltd., through its subsidiary Daikin Australia Pty., Ltd., concluded an agreement on June 21 to acquire Airmaster Corporation Pty Ltd., a leading company in Australia in the business fields of service and solutions for air conditioning equipment. Daikin plans to purchase all company shares held by Airmaster's executives at an acquisition price of 100 million Australian dollars (*approximately 8 billion Japanese yen).”

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