Daikin Applied Takes Majority Position in CM3 Building Solutions to Provide Advanced Solutions for the Entire Building Envelope

Agreement adds enterprise-grade capabilities to Daikin’s industry-leading HVAC technology, services and controls portfolio

MINNEAPOLIS, July 8, 2022 /PRNewswire/ — Daikin Applied Americas Inc. (Daikin Applied) today announced that it has acquired a majority stake in CM3 Building Solutions, Inc. (CM3), a philadelphia creamservice and solution provider offering building automation and technology, energy services, security and fire protection, and overall HVAC support Pennsylvania, Delaware and New Jersey.

This new relationship expands Daikin Applied’s ability to serve customers throughout the life cycle of their building systems and operations. Daikin Applied, a division of Daikin Industries, Ltd., the world leader in air conditioning, has a tradition of designing and delivering innovative HVAC solutions that not only provide superior comfort, but also address broader societal concerns such as improving indoor air quality and reducing carbon dioxide emissions. Its offerings include equipment, services and controls for commercial and industrial installations.

“With CM3’s solution expertise, Daikin Applied will network its HVAC technologies with other building systems, such as security, life safety, retro-commissioning and energy services,” said Nick Brazis, Vice President of Corporate Development at Daikin Applied. “Connectivity effectively modernizes facilities and building portfolios to maximize performance. Customers will have enterprise-wide view and control of their entire operations, as well as comprehensive data and analytics to reduce carbon emissions without reducing occupant comfort.

“Today, when buildings use 75% of the nation’s electricity and 40% of its energy, we need to help customers manage their entire environment to achieve the next level of efficiency and sustainability.” , said Jeff Drees, Executive Vice President, Daikin Applied. “We can optimize HVAC performance when we can fully assess and support the building envelope. Our relationship with CM3 opens up new opportunities to improve efficiency for our customers.”

CM3 will continue to operate under its current name and management, including Bruce MichelsonPresident, John Hollisterexecutive vice president, and Tom Monahan, Executive Vice President. Cowen and Company LLC served as exclusive financial advisor to CM3.

Michelson reiterated the value for customers: “CM3 strives to provide the best services and technology to our customers, including exceptional quality and service with every customer interaction. We share Daikin Applied’s commitment to creating unparalleled customer experiences, and are excited that together CM3 and Daikin Applied will deliver comprehensive, fully integrated building solutions that will help our customers take energy efficiency to the next level. and modernization of buildings. »

The CM3 is based in Fort Washington, Pennsylvania.just outside philadelphia cream, and has a team of 150 building solutions experts committed to providing each client with the optimum solution to maximize the comfort, safety and efficiency of their facility. As a limited company for nearly 20 years, CM3 has over 50 years of experience in its region. CM3 was an early innovator in the field of building automation and system integration, and has a wide range of experts to deploy technologies and solutions that improve comfort, security and efficiency. CM3 is Schneider Electric Master EcoXpert certified.

To learn more about the full range of Daikin Applied solutions and to find a local sales representative, go to www.daikinapplied.com. Also follow Daikin Applied on LinkedIn for the latest in commercial HVAC equipment, services and trends.

About Daikin Applied Americas

Daikin Applied, a member of Daikin Industries, Ltd., designs and manufactures advanced commercial and industrial HVAC systems for customers worldwide. The company’s technology and services play a vital role in creating comfortable, efficient and sustainable work and living spaces, and in providing clean air to workers, tenants and building owners. buildings. Daikin Applied solutions are sold through a global network of dedicated sales, service and parts offices. For more information or to locate a Daikin Applied representative, visit www.daikinapplied.com or call 800-432-1342.

About Daikin Industries Ltd.

Daikin Industries, Ltd., a Forbes 1000 global company with 2021 revenue of $23 billion and more than 88,000 employees worldwide, is the world leader in air conditioning. Daikin is principally engaged in the development, manufacture, sale and after-sales support of heating, ventilation, air conditioning and refrigeration (HVACR) equipment, refrigerants and other chemicals, as well as hydraulics. Daikin was named one of the world’s most innovative companies by Forbes magazine. For more information, visit www.daikin.com.

SOURCE Daikin Applied