JAPAN: Japanese air conditioner manufacturer Daikin is reported to be negotiating the purchase of a US-based filter supplier.

Nikkei’s Asian Review is reporting that Daikin’s bid for unnamed air filter supplier in California could be confirmed as early as next month.

Daikin has been expanding its commercial filter business through its group subsidiaries AAF and Nippon Muki. In April, Daikin acquired major US air filter company Flanders and acquired Swedish filter company Dinair last month.

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AAF buys Swedish filter company – 15 November 2016
SWEDEN: AAF Europe has acquired Dinair, one of Sweden’s largest manufacturers and suppliers of air filters. Read more…

Daikin confirms $430m Flanders deal – 9 February 2016
JAPAN: Daikin has confirmed its acquisition of US filter manufacturer Flanders with the deal expected to be concluded in April. Read more…