Add-on acquisition Jan 2022 · Michigan and Pennsylvania Verified
Daikin Applied takes majority stakes in ThermalNetics and TriState HVAC Equipment
Daikin Applied Americas made majority investments in two of its current manufacturer representatives, Detroit-based ThermalNetics and Pennsylvania-based TriState HVAC Equipment, bringing both 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.”
Entities
Daikin Applied Americas · Acquirer ThermalNetics · Target TriState HVAC Equipment · Target
HVAC
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