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Daikin Industries, Ltd. Acquires Goodman Global Group, Inc.

Daikin Industries, Ltd. announces the completion of its acquisition of Goodman Global Group, Inc. (Head Office: Houston, Texas, USA – hereinafter “Goodman”), which was announced on August 29, 2012, for a purchase price of 3.7 billion dollars (including the refinancing of Goodman’s existing indebtedness) as of November 1, 2012 (US time). In the two months since the signing, Daikin obtained the regulatory approvals from relevant authorities necessary for consummating the acquisition.

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March 2017