# Daikin acquires Stevens Equipment Supply

Daikin Industries announced on November 2, 2020, the acquisition of Stevens Equipment Supply, a Minnesota-based wholesale distributor of HVAC parts and equipment, for an undisclosed price. Stevens will operate as a wholly owned subsidiary.

- Type: Acquisition
- Announced: 2020-11-02
- Where: Eagan, Minnesota, United States
- Status: completed
- Products: HVAC parts and equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin Industries](https://endata.com/companies/6523.md) (acquirer)
- [Daikin North America LLC](https://endata.com/companies/21651.md) (acquirer)
- [Stevens Equipment Supply](https://endata.com/companies/50928.md) (target)

## Sources

- [thomasnet.com](https://www.thomasnet.com/insights/hvac-products-giant-daikin-acquires-minnesota-distributor/), 2020-11-27: "Daikin announced November 2 that it has purchased Stevens Equipment Supply, an Eagan, Minnesota-based wholesale distributor."
- [hvacinsider.com](https://hvacinsider.com/daikin-acquires-stevens-equipment-supply-for-distribution-in-12-states-from-minnesota-to-arizona/), 2020-12-08: "We believe the purchase of Stevens is a significant milestone for Daikin in our continued effort to achieve our North American vision."

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