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Airmaster Australia sells to Daikin Industries for $100m

Corporate and M&A
Airmaster Australia sells to Daikin Industries for $100m
Arnold Bloch Leibler has advised the owners of Airmaster Australia on the sale of 100% of their shares to Japanese company Daikin Industries for A$100 million.

ABL Corporate & Commercial Partner, Jeremy Leibler, led the team on the matter, with assistance from Senior Associates Rebecca ZwierTiffany Lucas and Lawyer Kelly Seo. The team worked with Airmaster to advise on all legal aspects of the deal. Airmaster Australia is a leading Australian company in the business of service and solutions for commercial air conditioning.

Daikin Industries is the world’s industry leader in air conditioning, comprised of over 200 companies around the globe. In Daikin’s official announcement on the transaction, the company plans to establish a business model for its service and solutions business in Australia that can be expanded to Asia and Oceania region in future. 

Jeremy Leibler commented on the transaction: “We are delighted to have been able to advise the owners of Airmaster Australia on this milestone transaction. It’s another example of our team advising on cross-border M&A work.” 

For more information, or to arrange an interview, contact Aleks Czerwinski, Marketing & Business Development Manager, aczerwinski@abl.com.au or (+613) 9229 9715.

About Arnold Bloch Leibler

Arnold Bloch Leibler is a premier Australian commercial law firm that provides strategic legal and commercial advice nationally from its offices in Melbourne and Sydney to a diverse range of leading Australian corporations, high-net-worth individuals and large family businesses as well as international corporations. Arnold Bloch Leibler also has a dedicated pro bono practice providing advice on social, environmental and cultural issues to more than 150 charitable and not-for-profit organisations.

Arnold Bloch Leibler is particularly known for its expertise in banking & finance, commercial & corporate, competition, litigation & dispute resolution, insolvency, property, taxation and workplace advisory. In these areas, the firm is regularly involved in landmark matters and transactions.