Samsung Electronics America Inc. announced that it has agreed to acquire Quietside Corp., a leading distribution channel for HVAC products. Quietside has been the master distributor for Samsung HVAC products in the United States and Canada since 1997.
Kenneth D. Goodrich, managing partner of Tucson Peach LLC and Goettl Air Conditioning, announced that Tucson Peach has acquired Phoenix-based HVAC contractor Sonoran Air. The company will operate under the new name Sonoran Air Conditioning.
Kenneth D. Goodrich, managing partner of Tucson Peach LLC and Goettl Air Conditioning, announced that Tucson Peach has acquired Phoenix-based HVAC contractor Sonoran Air. The company will operate under the new name Sonoran Air Conditioning.
Acquisitive HVAC firm Swegon has added air handling unit specialist P. Lemmens’ to its portfolio. The firm’s largest product area is compact air handling units with built-in controls. The product range also includes fans, air curtains, and products for heat recovery.
With strengthening economic conditions, access to inexpensive financing, and the leading players’ never-ending desire to grow, it is no surprise to anyone serving the HVAC industry that big-ticket acquisitions continue to hit the newswire with regular frequency.
Recurrent Building Intelligence LLC has announced the acquisition of ProTek HVAC, a full-service commercial HVAC and refrigeration contractor serving the Washington, District of Columbia-area, with expertise in Class A commercial properties, retail, multifamily, and BSL laboratories.
The Sterling Group, a middle market private equity firm based in Houston, announced that its affiliated investment fund, Sterling Group Partners III L.P., has completed the acquisition of Roberts-Gordon LLC.
WaterFurnace Renewable Energy Inc. and NIBE Industrier AB of Sweden announced that they have entered into an agreement whereby NIBE will acquire 100 percent of the outstanding shares of WaterFurnace by way of a plan of arrangement under the Canada Business Corporations Act.
Swegon AB, a provider of commercial and residential indoor climate solutions, has acquired Vibro-Acoustics®, a leading provider of noise and vibration control solutions in North America.