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Daikin Acquires Venstar, Leading Controls And Energy Management System Provider

PRIVATEDec 02, 2022

Acquiring Company

Daikin

Acquired Company

Venstar

ManufacturingManufacturingEnergyRenewable EnergyEnergy Management

Description

Daikin Comfort Technologies North America, Inc. (Daikin) has acquired Venstar, Inc. (Venstar), a prominent controls and energy management systems provider whose technology and indoor comfort solutions are used in millions of residences and light commercial applications across the United States, Canada and Mexico.

Quick answer

Daikin is acquiring Venstar, announced December 2, 2022.

How much did Daikin pay for Venstar?
The deal value was not disclosed.
What does Daikin do?
Daikin Industries, Ltd. (DIL) is a Fortune 1,000 company with more than 84,870 employees worldwide and is the world’s #1 indoor comfort solutions provider company.

Source: Fundz verified event record.

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Company Information

Company

Daikin

About

Daikin Industries, Ltd. (DIL) is a Fortune 1,000 company with more than 84,870 employees worldwide and is the world’s #1 indoor comfort solutions provider company. Daikin Comfort Technologies North America, Inc. (DNA) is a subsidiary of DIL, providing Daikin, Goodman, Amana® and Quietflex brands products. DNA and its affiliates manufacture heating and cooling systems for residential, commercial and industrial use and are sold via independent HVAC contractors. DNA engineering and manufacturing is located at Daikin Texas Technology Park near Houston, Texas. For additional information, visit www.northamerica-daikin.com. Amana® is a registered trademark of Maytag Corporation or its related companies and is used under license. All rights reserved.

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Frequently asked

Who acquired Venstar?

Venstar was acquired by Daikin. The deal was reported on December 2, 2022. Daikin Industries, Ltd. (DIL) is a Fortune 1,000 company with more than 84,870 employees worldwide and is the world’s #1 indoor comfort solutions provider company. Daikin Comfort Technologies North America, Inc. Daikin is privately held and operates in Manufacturing.

When did Daikin acquire Venstar?

Daikin's acquisition of Venstar was reported on December 2, 2022. Daikin Comfort Technologies North America, Inc. (Daikin) has acquired Venstar, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Venstar do?

Venstar Inc. is a leading thermostat and energy management system (EMS) manufacturer, known for providing value to its customers via ease of use and installation, proven cost savings, improved energy efficiency, quality and reliability. It is privately held, operating in Manufacturing.

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