Daikin Acquires Controls, Energy Management System Provider

Daikin Comfort Technologies North America, Inc. has acquired Venstar, Inc. The acquisition complements the growing market for the company’s environmentally friendly indoor comfort technologies, including its high-performing inverter and heat pump solutions, and products featuring R-32, an open-source refrigerant with one-third the Global Warming Potential of the most commonly used refrigerants in the U.S. and Canada.

Under the new ownership as a wholly owned business unit, Venstar will continue to lead its existing management team with Steve Dushane, founder, president and CEO, as well as all current employees of Venstar. Its headquarters will remain in California and Daikin plans to maintain the strong recognition of the Venstar brand, along with maintaining all of the company’s successfully branded products.