# Daikin to acquire Austrian refrigeration showcase manufacturer AHT for €881M

Daikin Industries has agreed to acquire AHT Group, a leading European commercial refrigeration showcase manufacturer, for €881 million. The acquisition will be completed through Daikin Europe N.V. and is planned for January 2019.

- Type: Acquisition
- Announced: 2018-11-26
- Where: Rottenmann, Austria, Austria
- Value: $1.00B (881.0M EUR)
- Status: announced
- Products: refrigerating and freezing showcases
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin Industries](https://endata.com/companies/6523.md) (acquirer)
- [Bridgepoint](https://endata.com/companies/6769.md) (investor)
- [Bridgepoint](https://endata.com/companies/6769.md) (partner)
- [AHT](https://endata.com/companies/15476.md) (target)
- [AHT Cooling Systems](https://endata.com/companies/35671.md) (target)

## Sources

- [daikin.com](https://www.daikin.com/press/2018/181126_02), 2018-11-26: "Daikin Industries, Ltd. has reached an agreement for the acquisition of AHT Group, a leading company in the commercial refrigeration market in Europe."
- [coolingpost.com](https://www.coolingpost.com/world-news/daikin-confirms-e881m-purchase-of-aht/), 2018-11-26: "Daikin says that with the acquisition it will be able to 'propose total systems that cover the entire cold chain'"
- [reuters.com](https://www.reuters.com/article/us-aht-cooling-sys-m-a-daikin-ind/japans-daikin-to-buy-austrias-aht-cooling-for-1-billion-idUSKCN1NV0IO/), 2018-11-26: "The purchase of AHT Cooling would solidify Daikin's foothold in Europe, while helping to expand its r"
- [news.mergerlinks.com](https://news.mergerlinks.com/daily-review/bridgepoint-sells-aht-group-to-daikin-industries-for-881m), 2018-11-27: "Daikin Industries, a Japanese multinational air conditioning manufacturing company, acquired AHT Group, a leading company in the commercial refrigeration market in Europe, from Bridgepoint, for €881m ($998m)."
- [daikinmea.com](https://www.daikinmea.com/en_us/press-releases/daikin-takes-next-step-in-expanding-its-cold-chain-business-deu18-041.html), 2018-11-29: "Daikin Industries, Ltd. has reached an agreement for the acquisition of AHT Group, a leading company in the commercial refrigeration market in Europe."
- [daikin.dk](https://www.daikin.dk/dk_dk/press-releases1/daikin-takes-next-step-in-expanding-its-cold-chain-business-deu18-041.html), 2018-11-29: "Daikin Industries, Ltd. has reached an agreement for the acquisition of AHT Group, a leading company in the commercial refrigeration market in Europe."
- [achrnews.com](https://www.achrnews.com/articles/140210-latest-acquisition-helps-daikin-expand-its-commercial-refrigeration-business), 2018-12-05: "Daikin Industries Ltd. has reached an agreement for the acquisition of Austria-based AHT Group, a commercial refrigeration company in Europe."
- [coolingindia.in](https://www.coolingindia.in/daikin-announces-%c2%a2881m-purchase-of-aht-cooling-systems/), 2018-12-15: "Daikin says the purchase of AHT will enable it to be able to propose total systems that cover the entire cold chain."
- [tesisat.org](https://www.tesisat.org/daikin-avrupa-ticari-sogutma-pazari-lideri-ahtyi-satin-aldi.html), 2019-01-07: "Avrupa ticari soğutma pazarının lideri konumundaki AHT'nin satın alınmasıyla soğuk zincirin tüm aşamalarında yer alma hedefine bir adım daha yaklaşan Daikin..."

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