Daikin Applied takes majority stakes in ThermalNetics and TriState HVAC Equipment

Daikin Applied Americas made majority investments in two of its existing manufacturer representatives, ThermalNetics (Detroit) and TriState HVAC Equipment (Pennsylvania), bringing them into the Daikin Group.

“Daikin Applied Americas announced it has made majority investments in two of its current equipment, services, and parts representatives: Detroit-based ThermalNetics, and TriState HVAC Equipment in Pennsylvania, which serves customers in Philadelphia and the surrounding tri-state area.”

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.