# Daikin acquires AHT Cooling Systems for €881M

Daikin Industries, through its subsidiary Daikin Europe N.V., has acquired AHT Cooling Systems GmbH for €881 million. The acquisition is expected to be finalized in January 2019.

- Type: Acquisition
- Announced: 2019-02-08
- Where: Rottenmann, Austria
- Value: $998.0M (881.0M EUR)
- Status: announced
- Products: plug-in commercial refrigeration and freezer systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin Industries](https://endata.com/companies/6523.md) (acquirer)
- [Daikin Europe N.V.](https://endata.com/companies/15475.md) (acquirer)
- [Bridgepoint Advisers Group](https://endata.com/companies/23797.md) (partner)
- [AHT Cooling Systems](https://endata.com/companies/35671.md) (target)

## Sources

- [kka-online.info](https://www.kka-online.info/artikel/kka_uebernahme_des_oesterreichischen_Produzenten_AHT-3311352.html), 2019-02-08: "Daikin Industries, Ltd. hat die AHT Cooling Systems GmbH durch sein Tochterunternehmen Daikin Europe N.V. für 881 Mio. € übernommen."
- [mena.nl](https://mena.nl/m-en-a-awards/pitch-best-large-cap-corporate-deal-m-en-a-awards-belgium-2019), 2019-10-24: "Daikin Industries Ltd. acquired AHT Cooling systems, a leading company in the commercial refrigeration market in Europe through its subsidiary Daikin Europe N.V., from Bridgepoint, the Private Equity shareholder of AHT Group."

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