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Add-on acquisition Dec 2022 · North America Verified

Daikin acquires Venstar controls and energy management business

Daikin Comfort Technologies North America acquired Venstar, a thermostat and energy management systems provider, as a wholly owned business unit. Described as one of several Daikin acquisitions to transform the North American HVAC industry.

“Daikin Comfort Technologies North America, Inc. (Daikin) has acquired Venstar, Inc. (Venstar), a prominent controls and energy management systems provider”

Entities

Daikin Comfort Technologies North America, Inc. · Acquirer Daikin Industries, Ltd. · Parent Venstar, Inc. · Target
HVAC

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.