Daikin Applied Acquires Varitec Solutions to Deliver End-to-End HVAC Solutions to Customers in the Southwest [Yahoo! Finance]
DAIKIN INDS LTD UNSP/ADR (DKILY)
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Source: Yahoo! Finance
MINNEAPOLIS Oct. 8, 2024 /PRNewswire/ -- Daikin Applied today announced that it has made a majority investment in Varitec Solutions , the Phoenix -based leader in designing, developing and installing large-scale, energy-efficient HVAC systems for commercial buildings. Varitec's expertise in supporting engineers, contractors and building owners with innovative solutions and quick delivery combined with Daikin's industry leadership gives customers one source for comprehensive HVAC technology and services. "Expertise, ease and excellence — that's the ideal customer experience and it's what we're able to provide by investing in Varitec Solutions," said Yu Nishiwaki , Chief Operating Officer of Daikin Applied. "Varitec has been an outstanding representative of Daikin and other equipment manufacturers in the Southwest U.S. region, and a leader in their market for over 45 years. This acquisition is a testament to the legacy the company has built and that we will continue to grow together.
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