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.
Emerson announced an agreement to sell Network Power to Platinum Equity and a group of co-investors. The transaction is valued at $4 billion and Emerson will retain a subordinated interest in Network Power. The sale is expected to close by Dec. 31, 2016, subject to regulatory approvals.
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.
Harris Companies, a leading national mechanical contractor, announced it has purchased Quality Mechanical Contractors based in Las Vegas. Founded in 1971, Quality Mechanical specializes in industrial, commercial, and residential HVAC, plumbing, piping, and sheet metal fabrication.
Harris Companies, a leading national mechanical contractor, announced it has purchased Quality Mechanical Contractors based in Las Vegas. Founded in 1971, Quality Mechanical specializes in industrial, commercial, and residential HVAC, plumbing, piping, and sheet metal fabrication.
Chinese a/c manufacturer Midea has become the latest to target Europe, by taking an 80 percent stake in Italian firm Clivet. The current shareholders of Clivet, the Bellò family, will retain a 20 percent stake.