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.