Daikin Seeks North American Expansion via Goodman Acquisition

Daikin aims to use the Goodman acquisition to gain a stronger presence in North America, enter the mainstream ducted residential unitary segment, and grow its ductless business through Goodman's distribution network.

“The companies hope the agreement will give the Japanese company even more of a presence in North America. They also believe it will allow Daikin to enter the mainstream ducted residential unitary segment and also grow their ductless business in North America by gaining access to Goodman’s distribution network.”

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.