Who bought out Goodman HVAC is Daikin Industries, Japanese company that is largest HVAC manufacturer in world, which bought Goodman Manufacturing in 2012 for 3.7 billion dollars and still owns it today in 2026, making Goodman subsidiary of Daikin. Goodman Manufacturing was founded in 1975 in Houston, Texas by Harold Goodman as manufacturer of flexible air ducts, then expanded into AC and furnaces in 1980s as budget brand offering low cost. Before Daikin, Goodman was owned by private equity firm Hellman & Friedman that acquired Goodman in 2008. In 2012, Daikin Industries, headquartered in Osaka, Japan, founded in 1924, with annual revenue over 25 billion dollars, acquired Goodman Manufacturing Company including Goodman brand and Amana brand for residential HVAC for 3.7 billion dollars to expand into US residential market where Daikin had small share, and to have US manufacturing base to avoid tariffs and serve US market with US made products. Since acquisition, Goodman operates as Daikin Comfort Technologies Manufacturing, subsidiary of Daikin, with headquarters in Waller, Texas, and manufacturing in Houston, Texas plant that is 4 million square feet, largest HVAC factory in US, employing over 5,000 workers and producing about 1 million HVAC units per year including AC GSX14, GSXC16, heat pumps GSZ14, furnaces GMSS92, GMVC96. Daikin also owns Daikin brand premium sold through Daikin dealers. So company that bought out Goodman HVAC is Daikin Industries Japan in 2012.
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