Acquisition is intended to accelerate the company’s expansion into new markets and sectors
October 21, 2016
Yenni Capital, a private equity investment firm, announced that it has acquired Steven Feller P.E., an engineering design services company whose capabilities include HVAC, electrical, plumbing, and fire suppression. Financial terms of the transaction were not disclosed.
The Master Group is one of the largest independent HVACR distributors in eastern Canada
October 17, 2016
The Master Group Inc. announced it has purchased the distribution operations of Johnson Controls’ Unitary Products Group (York®) branches based in Oakville and Markham, Ontario. The two branches will operate as The Master Group.
Firm is looking to develop its solutions in the United States
October 4, 2016
DK Energy US, a subsidiary of the EDF Group tasked with growing Dalkia’s business in the U.S., has acquired Groom Energy Solutions LLC. Groom Energy delivers commercial and industrial solutions spanning advising, designing, building, maintaining, and financing projects to enhance energy efficiency.
Company intends to become major distributor in plumbing, HVAC, and waterworks
September 30, 2016
Morsco Inc., a distributor of commercial and residential plumbing products, HVAC equipment, and pipe, valves and fittings (PVF), announced it has signed an agreement to acquire Fortiline Waterworks, one of the largest waterworks distributors in the U.S., as its waterworks distribution platform.
Products will be sold under a new company name, English Boiler LLC
September 28, 2016
Superior Holding Inc. has acquired the business assets of Richmond, Virginia-based English Boiler & Tube. English Boiler is a leader in the design and fabrication of packaged watertube boiler systems for large industrial applications.
RSI is a leading provider of commercial refrigeration installation and maintenance services
September 23, 2016
Source Refrigeration & HVAC announced that it has partnered with management to acquire Refrigeration Solutions Inc. and Advanced Refrigeration Systems (together, RSI). Terms of the transaction were not disclosed.
Southern California customers gain comprehensive mechanical and plumbing solutions
September 19, 2016
Acco Engineered Systems announced that it will join forces with All Area Plumbing, a regional design-build plumbing contractor serving Southern California. Adding All Area Plumbing’s capabilities, Acco said it will strengthen its position as one of the largest mechanical contractors in the western United States.
Matt McBurney named to newly created position of vice president – Luvata HTS integration lead
September 13, 2016
Modine Manufacturing Co. has announced changes to its executive organization in response to its acquisition of Luvata Heat Transfer Solutions (HTS). Modine previously announced that it agreed to acquire Luvata HTS, a leading global manufacturer of coils, coolers, and coatings for the HVACR and industrial markets.
Also acquires portion of Predictive Maintenance Consultants
September 9, 2016
Tencarva Machinery Co. LLC has acquired Dixie Pump & Machine Works in Brookhaven, Mississippi, plus the assets of a portion of Predictive Maintenance Consultants in Brookhaven, from owners Reggie Allen and Collins Allen.
Acquisition will add one of the largest suppliers of HVACR coils and coatings
September 7, 2016
Modine Manufacturing Co., a leading provider of thermal management technology and solutions, announced it has entered into a definitive agreement to acquire Luvata Heat Transfer Solutions (HTS) for approximately $422 million, to be financed through a combination of cash, debt, and $25 million of Modine common stock.