Davis Polk is advising Daikin Industries, Ltd. in connection with its $3.7 billion acquisition of Goodman Global, Inc. from affiliates of Hellman & Friedman LLC. Closing is subject to, among other conditions, receiving competition law approvals in relevant jurisdictions.

Headquartered in Osaka, Japan, Daikin Industries is a diversified Japanese manufacturing company and a global leader in heating, ventilating and air conditioning, or HVAC, products. Based in Houston, Texas, Goodman Global is a leading North American manufacturer of HVAC products for residential and light commercial use under the Goodman, Amana and Quietflex brands. Hellman & Friedman is a leading private equity investment firm based in San Francisco, California.

The Davis Polk corporate team includes partners George R. Bason Jr., Theodore A. Paradise, Mischa Travers and Michael Davis and associates Mörk Murdock, Hiroshi Sugiyama and Miles E. Hawks. Partner Ronan P. Harty is providing antitrust advice. Partner Lawrence E. Wieman is providing credit advice. Partners Jeffrey P. Crandall and Kyoko Takahashi Lin are providing employee benefits advice. Partner Frank J. Azzopardi is providing intellectual property advice. Partner Avishai Shachar is providing tax advice. Members of the Davis Polk team are based in the New York, Tokyo and Menlo Park offices.



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