Daikin Industries to acquire O.Y.L. Industries (owner of McQuay International)

Daikin Industries Ltd. announced it will acquire O.Y.L. Industries Bhd, a Malaysia-based global HVAC company that owns U.S.-based McQuay International, giving Daikin full-fledged entry into the North American HVAC market. O.Y.L. will become a consolidated subsidiary of Daikin.

“parent company Daikin Industries Ltd. will acquire O.Y.L. Industries Bhd, a Malaysian-based global HVAC company that owns United States-based McQuay International.”

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