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Deal announced Oct 2024 · Phoenix, Arizona / Southwest U.S. Verified

Daikin Applied makes majority investment in Varitec Solutions

Daikin Applied announced a majority investment in Phoenix-based Varitec Solutions, a designer/installer of large-scale commercial HVAC systems, with Varitec joining the Daikin Group.

“Daikin Applied announced that it has made a majority investment in Varitec Solutions, a Phoenix-based leader in designing, developing and installing large-scale, energy-efficient HVAC systems for commercial buildings.”

Entities

Daikin Applied · Acquirer Varitec Solutions · Target
HVAC Sentiment: Positive

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.