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

Duke Energy, one of the nation’s largest electric utilities, has acquired a majority share of Phoenix Energy Technologies (PhoenixET), a provider of energy management systems and services for commercial customers. The terms of the deal were not disclosed.

Distribution International Inc. (DI), a leading distributor and fabricator in the mechanical insulation market, announced it has acquired Selle Supply Co. and sister company PBI Supply Inc., full-line distributors of insulation products and related construction materials, specializing in the lamination of fiberglass insulation for metal buildings.

MORSCO, a distributor of commercial and residential plumbing, HVAC, and pipe, valves and fittings (PVF), has acquired substantially all of the assets of Murray Supply Co., a plumbing supply company based in North Carolina, which will continue to operate as Murray Supply Co., a MORSCO Company.

ClimeCo Corp. has announced its acquisition of Environmental Credit Corp., expanding its position as a top provider of voluntary carbon credits under the Climate Action Reserve.

Aggreko, a global provider of modular, mobile power and related solutions, has entered into an agreement to acquire substantially all of the assets of the equipment rental business of ICS Group Inc., a provider of portable climate control services in Canada.

Kenneth Goodrich, CEO of US Peach LLC, a provider of HVAC and plumbing services under multiple brands, has announced the turnaround and sale of one of its portfolio companies, Phoenix-based Sonoran Air, to Mauro Calderon.

Mitsubishi Electric Corp. has entered into an agreement to purchase from De’Longhi Industrial S.A. shares representing approximately 74.97 percent of the share capital of DeLclima S.p.A., an Italian company in the commercial air conditioning products business.