Acquisitions in the hvac industry - Articles - Page 54

Advent International to Sell MORSCO to Reece Limited

The $1.44 billion transaction is expected to be completed in July

May 7, 2018

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MORSCO operates 171 branches in 16 states with coast-to-coast coverage.

Armacell Acquires TB Concept, Maker of Insuguard Pipe Saddles

April 30, 2018

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Armacell has acquired TB Concept Inc., a Montreal-based company specialised in the manufacturing of patented pipe support solutions. The transaction strengthens Armacell‘s global accessories business and the group’s footprint in Canada.

Nidec Corp. Purchases Embraco Compressor Business from Whirlpool Corp.

The $1.08 billion transaction is expected to close in early 2019

April 27, 2018

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In fiscal year 2017, Embraco contributed approximately $1.3 billion to Whirlpool's net sales with margins approximating the segment average.

Trimble Set to Acquire Viewpoint

The acquisition is set to expand the addressable market and enhance revenue growth

April 24, 2018

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Viewpoint is a provider of scalable construction management software, which integrates a contractor’s financial and resource management to their project operations and to their job site and field.

MORSCO HVAC Supply Acquires Bush Supply

Bush Supply is MORSCO’s second acquisition in metro Phoenix

April 24, 2018

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MORSCO HVAC Supply has plans to open several additional branches across the U.S. in 2018.

Chemours Acquires ICOR Intl.

This acquisition expands market access and accelerates customer-centric strategy

April 16, 2018

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ICOR Intl. is a privately-owned supplier of branded, ozone-safe refrigerants and related products for HVACR applications in North America.

Hercules Industries Acquires Passage Supply Co.

The acquisition marks Hercules’s 20th location nationwide

April 13, 2018

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El Paso, Texas-based Passage Supply Co. is a distributor of HVAC products that also has operations in Las Cruces, New Mexico.

Chemours Acquires ICOR International

Acquisition Expands Market Access and Accelerates Customer-Centric Strategy

April 4, 2018

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WILMINGTON, Del. – The Chemours Company (Chemours) announced the acquisition of ICOR International, a privately-owned supplier of branded, ozone safe refrigerants and related products for HVACR applications in North America.

Valin Corp. Expands Distributor Relationship with Watlow

Mutually beneficial relationship allows Valin to offer broader range of thermal system solutions

April 4, 2018

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This expanded relationship with Watlow allows Valin to offer a broader range of solutions to its customers and Watlow’s customers.

Fitzenrider Mechanical Joins Air Force One Family of Companies

April 2, 2018

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DUBLIN, Ohio — Air Force One, Inc. of Dublin, Ohio announced that Fitzenrider Mechanical of Defiance, Ohio, joined the Air Force One family of companies, effective March 30.