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Add-on acquisition Dec 2022 Verified

Daikin acquires controls maker Venstar

Daikin Comfort Technologies North America acquired Venstar, a smart thermostat and energy management systems provider, as a wholly owned business unit.

“Daikin Comfort Technologies North America Inc. has acquired Venstar Inc., a controls and energy management systems provider whose technology and indoor comfort solutions are used in millions of residences and light commercial applications across the United States, Canada and Mexico.”

Entities

Daikin · Acquirer Venstar · Target
HVACOther

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.