M&A Deal Summary

Daikin Acquires Nippon Muki Co.

On August 26, 2009, Daikin acquired machinery company Nippon Muki Co. from Nippon Sheet Glass for 5.0B JPY

Acquisition Highlights
  • This is Daikin’s 1st transaction in the Machinery sector.
  • This is Daikin’s 5th largest (disclosed) transaction.
  • This is Daikin’s 1st transaction in Japan.

M&A Deal Summary

Date 2009-08-26
Target Nippon Muki Co.
Sector Machinery
Buyer(s) Daikin
Sellers(s) Nippon Sheet Glass
Deal Type Divestiture
Deal Value 5.0B JPY

Target

Nippon Muki Co.

Tokyo, Japan
Nippon Muki Co., Ltd. is a developer and manufacturer of air filters.

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Buyer(S) 1

Buyer

Daikin

Osaka, Japan

Category Company
Founded 1924
Sector Manufacturing
Employees103,544
Revenue 4.75T JPY (2025)
DESCRIPTION

Daikin is an innovator and provider of advanced, high-quality air conditioning solutions for residential, commercial, and industrial applications. Daikin was founded in 1924 and is based in Osaka, Japan.


DEAL STATS #
Overall 1 of 10
Sector: Machinery M&A 1 of 4
Type: Divestiture M&A Deals 1 of 1
Country: Japan M&A 1 of 1
Year: 2009 M&A 1 of 1
Size (of disclosed) 5 of 6
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-29 Goodman Global

Houston, Texas, United States

Goodman Global, Inc. is the largest domestic unit manufacturer of heating, ventilation and air conditioning products for residential and light-commercial use.

Buy $3.7B

Seller(S) 1

SELLER

Nippon Sheet Glass

Tokyo, Japan

Category Company
Founded 1918
Sector Manufacturing
Employees25,406
Revenue 840.4B JPY (2025)
DESCRIPTION

Nippon Sheet Glass is a manufacturer of high-performance glass and glazing solutions, contributing to energy conservation and generation, working safely and ethically. Nippon Sheet Glass was founded in 1918 and is based in Tokyo, Japan.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Japan M&A 1 of 1
Year: 2009 M&A 1 of 1