Daikin Acquires Stevens Equipment Supply
Stevens management team will continue to operate from Minnesota headquarters
HOUSTON — Daikin North America LLC announced the purchase of Stevens Equipment Supply LLC.
“Our vision for Daikin is to become North America’s number one indoor comfort solutions provider,” said Takayuki “Taka” Inoue, executive vice president and president, Daikin Business Unit. “We believe the purchase of Stevens is a significant milestone for Daikin in our continued effort to achieve our North American vision. At Daikin, we will continue to grow our North American business through organic growth and acquisitions that fit our strategic objectives.”
Under the new ownership of Daikin, Stevens will operate as a wholly-owned business unit of Daikin, while maintaining their current name with established brand recognition in the marketplace. The leadership team at Stevens, led by Dave DeSutter, senior executive advisor, will also be maintained.
“Joining forces with Daikin, the largest HVAC manufacturer in the world, was clearly the best fit for the entire Stevens team, customers and vendors,” said DeSutter.
The Stevens management team will continue to operate from their headquarter office in Eagan, Minnesota.
“The Stevens management team has built a high quality sales team that understands Daikin’s sales hospitality approach,” said Doug Widenmann, senior vice president North America DBU Sales and Distribution at Daikin. “Stevens possesses exemplary business practices that promote high efficiency system sales that aligns with Daikin’s market-transformation philosophy. It has state of the art training facilities to educate and foster superior contractors that align with our shared vision.”
“Stevens has enjoyed a great, long-standing distribution relationship with Daikin with the intention of further expanding our distribution into additional states in the Southwestern U.S.,” said Dan Beno, president at Stevens. “The Daikin ductless and light commercial rooftops along with Daikin, Goodman, and Amana branded residential unitary product lines provided the differentiation we needed to successfully grow our business in these highly competitive regions.”
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“The Stevens leadership and Sales team have been outstanding promoters of the Daikin brand over the past several years and I could not be more thrilled to have them as part of the Daikin team,” said Widenmann. “Since teaming with Stevens, they have propelled our sales volume by adding many new, highly-valued Daikin Comfort Pro dealers in existing and new regions.”
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