Daikin to acquire AHT Cooling

2018-11-26
The Nikkei is reporting that Daikin is set to acquire commercial refrigeration equipment manufacturer AHT Cooling Systems for just over JPY100bn ($885m, €780m).
 
The Japanese reports, if confirmed, will make Daikin a major player in the refrigeration market, following its purchase of Italian manufacturer Zanotti in 2016.
 
The deal has been negotiated with UK private equity company Bridgepoint, who acquired the company in 2013 for €585m.
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