AboveAir Technologies will become a new division within AirX Climate Solution, adding another brand to the company's platform for commercial and industrial HVAC solutions.
Gary Walborn founded Gary & Sons in 1978, and the company serves customers in Pennsylvania's Elk, Jefferson, Clearfield, Clarion, and Cameron counties.
With the acquisition, CoolSys plans to deepen its market presence and service network in the Pacific Northwest region, a press release from the company said.
Private equity funds managed by Blackstone Private Equity will purchase Emerson’s 40% common equity ownership in the joint venture, while Copeland will repurchase the seller’s note.
Main Filter, with manufacturing locations in Sault Ste. Marie, Ontario, Canada, and Lincolnton, North Carolina, has been a manufacturer of hydraulic filters for more than 35 years.
Founded in 1952, General Metals manufactures, fabricates, and distributes HVAC equipment and products. Its primary clientele is comprised of HVAC contractors in the Southwest.