Daikin Industries Ltd. announced today that it has signed a definitive agreement to acquire Goodman Global Group Inc. from affiliates of Hellman & Friedman LLC for $3.7 billion.
Emerson announced that it has sold Knaack L.L.C., its jobsite, truck, and van storage business, to Werner Co., a leader in ladders and other commercial climbing and safety equipment. The purchase price was $115 million.
Unico names vice president of sales; Parker Hannifin signs agreement to sell automotive a/c portion of its Mobile Climate Systems Division; Sullair announces United Technologies to purchase Hamilton Sundtrand’s industrial businesses, including Sullair.
Service Experts Heating and Air Conditioning announced that it has acquired Jones Heating & Air Co., a Morristown, Tenn., contracting company founded in 1986 by Larry and Cheryl Jones.
Long-time Austin, Texas-area heating and air conditioning contractor, Chris Strand, has acquired Stan’s Heating & Air Conditioning, an Austin company formerly owned by Stan Johnson. Strand founded Strand Brothers Heating & Air Conditioning in 1978, and later sold the business to Service Experts.
Ferguson Enterprises Inc., one of the largest wholesale plumbing distributors in the United States, has acquired Davis & Warshow Inc., a leading metro New York residential and commercial plumbing supplier. Ferguson is also a major distributor of HVACR equipment.
Daikin Industries Ltd. announced that it has completed its acquisition of Goodman Global Group Inc., which was originally announced on Aug. 29, 2012, for a purchase price of $3.7 billion, including the refinancing of Goodman’s existing indebtedness.
The manufacturers creating new HVAC technologies are teaching others all about it.
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