Next step in AAF’s expansion in the global air filter market
November 24, 2016
AAF Europe has acquired Dinair Group AB, one of Sweden’s largest manufacturers and suppliers of air filters. Dinair, established in 1982, emphasizes balanced filtration solutions and has a history of developing its own products.
Acquisition is consistent with its plans for additional investment in complementary HVAC products and companies
November 18, 2016
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.
Airtron is a leading provider of HVAC, building automation, and energy efficiency services
November 16, 2016
GDI Integrated Facility Services Inc. announced that it and its wholly-owned subsidiary Ainsworth Inc. have entered into an agreement to acquire Direct Energy Business Services Limited, doing business as Airtron Canada, a subsidiary of Direct Energy Marketing Limited.
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.