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In August 2012, Hellman & Friedman agreed to sell Goodman Global to Japan's Daikin Industries Ltd. for $3.7 billion. In 2015, Daikin commenced construction of the state-of-the-art Daikin Texas Technology Park campus near Houston, Texas. This project, costing over $400 million, was the largest investment made in Daikin’s 90-year history.
In the filtration realm, Daikin acquired American Air Filter (AAF) in 2007, [11] and Flanders in 2016. [12] The resulting entity is known both as AAF International and AAF Flanders. In 2008, Daikin purchased a 75% share of All World Machinery Supply based in Roscoe, Illinois. [13] In 2009, Daikin Airconditioning Philippines was established. [14]
Gree Electric's Chairwoman is Dong Mingzhu, or "Sister Dong" as she is known in China. [2] She was appointed CEO in 2009. [citation needed] She joined the company in 1990.[citation needed] Dong was also the Chairwoman of its largest shareholder at the time, Gree Group, until November 2016. [8]
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