# Daikin Applied takes majority stake in CM3 Building Solutions

Daikin Applied Americas Inc. announced it has taken a majority interest in CM3 Building Solutions, a Philadelphia-based building automation and services provider, to expand its HVAC and building systems capabilities.

- Type: Acquisition
- Announced: 2022-07-08
- Where: Philadelphia, Pennsylvania, United States
- Status: completed
- Products: HVAC equipment, building automation, energy services, security, fire protection
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin Applied Americas](https://endata.com/companies/32552.md) (acquirer)
- [CM3 Building Solutions](https://endata.com/companies/64035.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/daikin-applied-takes-majority-position-in-cm3-building-solutions-to-deliver-advanced-solutions-for-the-full-building-envelope-301583021.html), 2022-07-08: "With CM3's solutions expertise, Daikin Applied will network its HVAC technologies with other building systems, such as security, life safety, retro-commissioning and energy services."

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