# Daikin acquires AHT from Bridgepoint for €881m

Private equity group Bridgepoint sold AHT, a commercial plug-in refrigeration equipment supplier, to Daikin for €881 million. Bridgepoint had acquired AHT in 2013 for €585m and invested over €70m in the last three years for product development and manufacturing expansion.

- Type: Acquisition
- Announced: 2018-11-26
- Where: Austria, Austria
- Value: $1.00B (881.0M EUR)
- Status: completed
- Products: commercial plug-in retail refrigeration equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Bridgepoint](https://endata.com/companies/6769.md) (partner)
- [Daikin](https://endata.com/companies/10434.md) (acquirer)
- [AHT](https://endata.com/companies/15476.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/bridgepoint-transformed-aht/), 2018-11-26: "AHT has been transformed from a largely Europe-focused business into a global leader in its segment with a growing presence in a number of attractive international markets."
- [motioncontrol.pmg.be](https://motioncontrol.pmg.be/nl/dossier/EACbe1901S03_00), 2019-02-05: "Daikin heeft in december een akkoord bereikt voor de overname van AHT Group, een bedrijf actief in de commerciële koelingsmarkt in Europa."

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