Elster is leader in gas heating, controls, metering, and advanced technologies
July 29, 2015
Honeywell announced it has signed a definitive agreement to acquire the Elster Division of Melrose Industries plc, a leading provider of thermal gas solutions for commercial, industrial, and residential heating systems and gas, water, and electricity meters, including smart meters and software and data analytics solutions, for about $5.1 billion.
FieryChill will continue to operate as a unique brand and website
July 23, 2015
TruTech Tools Ltd. has announced the acquisition of FieryChill Inc. along with the addition of a new sales counter to its Akron, Ohio, office. FieryChill an e-commerce wholesaler serving the HVACR industry, formerly based in Bedford Heights, Ohio.
Acquisition will enable Munters to offer a broader range of products and services
July 17, 2015
Munters AB announced it has signed a definitive agreement to acquire HB Group, an international company that specializes in customized hygienic climate control systems for the food/dairy industries. HB Group is headquartered in Almelo, the Netherlands, with a joint venture in Hrusky, Czech Republic.
National solar provider adds capabilities to fuel growth in key commercial markets
June 30, 2015
REC Solar announced it has acquired Stellar Energy, a leading solar provider in the western U.S., through an asset purchase agreement. REC Solar is a national solar provider, focused on the commercial market, that provides customers with integrated solar solutions ranging from financing and design to operations and maintenance.
The acquisition provides fabrication capabilities for a range of applications including HVAC
June 24, 2015
Distribution International Inc. (DI) announced the acquisition of Insulation Fabricators Inc. (IFI), a leading fabricator and distributor of thermal and acoustical insulation products. Headquartered near Chicago in Hammond, Indiana, IFI expands DI’s Midwestern footprint with additional locations in Ohio and West Virginia.
Acquisition to complement and augment JLL’s growing focus on high-performance buildings
June 19, 2015
JLL has signed a letter of intent to acquire CoR Advisors, a smart building consulting and solutions business. Founded in 2009 by Darlene Pope, CoR Advisors specializes in helping transform buildings into energy efficient, high-performance facilities. The acquisition is expected to close this month.
The Resolute Fund III L.P., a private equity fund managed by The Jordan Co., announced that it has acquired DiversiTech Corp. in partnership with the existing management team from the company’s shareholder group, led by longtime chairman, Charles Lipman.
Further Expands ABM’s HVAC, Mechanical, and Energy Solutions Capabilities
May 15, 2015
ABM announced that its Building & Energy Solutions Group has acquired the combined services of CTS Services/Facility Support Services, providers of HVAC service and energy solutions in government, commercial, and industrial buildings with over $35 million in annual revenue.