Articles Tagged with ''acquisitions in the HVAC Industry''

Xylem Inc., a leading global water technology company, announced that it has signed a definitive agreement to acquire Sensus for approximately $1.7 billion in cash. Sensus is a provider of smart meters, network technologies, and advanced data analytics services for the water, electric, and gas industries.

Emerson announced it has signed an agreement to purchase the Valves & Controls business of Pentair for $3.15 billion. Emerson said the complementary acquisition establishes its global presence in control, isolation, pressure relief valves and actuation as part of a larger strategy to build a broader automation portfolio.

Power generation and HVAC specialty rental company, Aggreko plc, has acquired Dryco LLC of Chicago for an undisclosed amount. Dryco specializes in moisture control, drying, heating, and cooling applications within the shipping, manufacturing, food processing, construction, and industrial painting industries.

Specified Air Solutions, a manufacturer of semi-custom commercial and industrial HVAC equipment, has completed the acquisition of the Dectron pool dehumidification systems business from the Lakdawala family.

American Residential Services (ARS), a privately-held national provider of air conditioning, heating, and plumbing services, announced that it has acquired the assets of Weather Crafters, Chester, Virginia. Located in the Richmond area, it will be rebranded as ARS of Richmond.

Building automation and energy services provider Albireo Energy LLC has announced a merger with Newark, Delaware-based Advance Power Control Inc. (APC) and Energy System Technologies (EST).

DiversiTech Corp., a leading manufacturer and supplier of HVACR parts and accessories, announced that it has purchased Alltemp Products Co. Ltd., a HVAC parts supplier serving the Canadian market.

Babcock & Wilcox Enterprises Inc. (B&W) announced it has completed its acquisition of SPIG S.p.A., a global provider of custom-engineered cooling systems and services. The acquisition is based on an enterprise value of €155 million, subject to certain adjustments.