Daikin North America, a subsidiary of Daikin Industries, manufacturer of heating, cooling and refrigerant products, announced the alignment with ABCO HVACR Supply + Solutions, ABCO,” a leading full line distributor of HVAC and refrigeration systems and supplies in the Northeastern United States.
ABCO’s blend of day-to-day air conditioning and refrigeration application engineering together with its expertise in residential and commercial sales provides a winning platform for Daikin’s wide range of equipment, parts and accessories, Daikin noted. This move strengthens Daikin’s opportunity for greater collaboration in the local territories among ABCO branches, Daikin group companies, and Daikin’s entire regional customer base.
“The strategic alignment with ABCO provides a dynamic foothold for Daikin in the Northeast where ABCO is a leading distributor of a broad range of HVAC products from residential to industrial,” said Takayuki “Taka” Inoue, executive vice president and chief sales and marketing officer of Goodman/Daikin North America. “We believe that Daikin’s portfolio offers a perfect fit to support the existing and future potential of ABCO distribution. Our vision for Daikin is to become North America’s leading indoor comfort solutions provider, and the acquisition of ABCO is a key, strategic milestone for Daikin in our continued effort to achieve our North American vision.”
“Both Daikin and ABCO are people-centered organizations. This means each team member and every customer is recognized for their individual personalities and contributions. This fundamental belief in the integrity of relationships is essential to both organizations’ success,” Michael Senter explained. “ABCO’s dedication to building strong, multi-generational relationships with our customers based on the highest levels of technical support, customer service and application engineering is a great match for Daikin’s open-mindedness to new ideas and its commitment to engineering ingenuity in meeting current market demands and foreseeing future market and society needs.”
Jeff Drees, executive vice president, sales, marketing and aftermarket for Daikin Applied Americas stated “This is an exciting collaboration among the Daikin North American businesses and the ABCO team. Daikin Applied’s representatives will continue to be the authorized applied sales representatives in the territory, and will benefit from ABCO’s technical skills and long-standing relationships in the marketplace.”
Under the new ownership of Daikin, ABCO will operate as a wholly-owned business unit of Daikin, while maintaining its headquarters location in Long Island City, New York in addition to 17 fast-access branch locations, in 6 states, from Wilmington, Delaware to Boston, with over 220 employees.
Doug Widenmann, senior vice president and president, Daikin Business Unit added, “I believe this is a major landmark moment for Daikin. Our strategic plans and successful growth accomplishments within this great organization have been unbelievably exciting. I am anxious to begin working with and learning from the ABCO management team who have successfully built a high quality, highly technical, sales and services organization, with state-of-the-art training facilities, focused on the success of their customers.”
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