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

Solar Thin Films Inc. has announced an agreement, subject to final documentation, to acquire 100 percent of KLC Green Energy Corp.

EMCOR Group Inc., a leader in mechanical and electrical construction services, industrial and energy infrastructure, and facilities services, announced that it has completed its acquisition of RepconStrickland Inc. for a purchase price of approximately $455 million in cash.

Sustainable Power Group (sPower) has acquired the assets of Tioga Energy Inc., a solar project developer. Tioga Energy operated in the solar distributed generation market and constructed and operated facilities across seven states since 2007.

SDI (System Development.Integration LLC), a leading systems integrator of mission-critical technologies and infrastructure, has announced the acquisition of i-sys Corp, a national systems integrator that delivers integrated security, environmental, and fire safety solutions.

Last fall, MARS hired an investment banker and began discussing potential growth options. The company started communicating with potential targets and shortly thereafter had reached an agreement with Heat Controller. 

Chesapeake Utilities Corp. announced that it has acquired the operating assets of Austin Cox Home Services Inc. Based in Salisbury, Md., Austin Cox provides HVAC, plumbing, and electrical services to residential and commercial customers throughout the lower Delmarva Peninsula.

Packard Inc., Kennesaw, Ga., reached an agreement to acquire the assets of SDC Distributing, Suwanee, Ga. SDC’s supplies small to mid-sized OEMs with critical components.

The board of ABB has appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, as chief executive officer, succeeding Joe Hogan in this role on Sept. 15, 2013. Hogan will continue with ABB for some months as senior advisor to the board.

Kingsway Financial Services Inc. and its subsidiary, 1347 Capital LLC, announced that the company has finalized the purchase of certain tangible and intangible assets of Trinity Warranty Corp., Lombard, Ill., a third-party administrator of HVAC warranty products to consumers and businesses.

MARS, a leading commercial and residential HVACR motors and components supplier, announced that it has acquired Heat Controller Inc., Jackson, Mich., a leading commercial and residential HVAC equipment supplier.