Daikin Acquires ABCO for Distribution in New York, New Jersey, and Surrounding States
Acquisition is investment meant to support growth in North America.
HOUSTON — Daikin North America LLC, a subsidiary of Daikin Industries Ltd., announced a strategic alignment with ABCO HVACR Supply + Solutions. The acquisition of ABCO is an investment meant to support Daikin’s vision for growth in North America.
Daikin’s acquisition will support the continued growth of ABCO. Daikin, along with other brands owned by Daikin, are new to ABCO. ABCO will begin promoting the full line of Daikin ductless, residential unitary, light commercial, and commercial HVAC products, as well as controls, air quality, parts, and accessories throughout their distribution footprint while continuing to fulfill existing obligations. Michael Senter will continue as ABCO’s CEO and ABCO’s senior management team will continue to be the leaders of ABCO in all facets of sales, operations, finance, and human resources. ABCO will also maintain the company name with established brand recognition in the Northeast.