# Daikin to acquire Airmaster for $71.6 million

Daikin is set to acquire Australian air conditioning maintenance company Airmaster for JPY8bn (US$71.6m) through its subsidiary Daikin Australia Pty. Airmaster has 700 employees and sales of around US$100m.

- Type: Acquisition
- Announced: 2017-06-21
- Where: Melbourne, Australia, Australia
- Value: $71.6M
- Jobs: 700
- Status: announced
- Products: air conditioning maintenance services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin](https://endata.com/companies/10434.md) (acquirer)
- [Airmaster](https://endata.com/companies/25065.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/daikin-to-buy-airmaster-for-us71-6m/), 2017-06-21: "Daikin is reported to be set to acquire Australian air conditioning maintenance company Airmaster for JPY8bn (US$71.6m)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.