The global dehumidifier market is forecast to achieve record sales worth $3.1 billion by 2021, according to a report released by TechSci Research, a research based global management consulting firm. 

The Sterling Group, a middle market private equity firm, has completed the acquisition of PoolPak International LLC. PoolPak is a leading manufacturer of dehumidification systems for large athletic pools, natatoriums in schools and universities, commercial pools and hotel/motel leisure pools.

The global desiccant wheel market is expected to exhibit a nearly 5 percent compound annual growth rate (CAGR) from 2016 to 2024, rising from a valuation of $296.5 million in 2015 to $463 million by 2024, according to Transparency Market Research.

DriSteem, a leading manufacturer of humidification, evaporative cooling, and water treatment systems, has announced the selection of Mechanical Sales Midwest as its new sales representative firm for DriSteem products in Kansas and western Missouri.

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.