This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Daikin's proposal to acquire Australian air conditioning group to be reviewed

( April 17, 2026, 08:52 GMT | Official Statement) -- MLex Summary: The proposal to acquire Australian Air Conditioning & Mechanical Services Group, via an asset acquisition from Damday, by Daikin Industries, through its wholly owned subsidiary, Airmaster Corporation, will be reviewed under Australia’s mandatory merger regime. In a statement on Friday, the Australian Competition & Consumer Commission said that Daikin operates in Australia through its wholly owned subsidiary, Daikin Australia, whose principal activities consist of the manufacture and distribution of air conditioning equipment. The regulator added that Australian Air Conditioning & Mechanical Services Group is a mechanical services contractor operating in the construction, HVAC and mechanical services industries. The regulator is seeking feedback on the deal until April 24.Statement follows. Questionnaire is attached....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections