Sept. 27, 2013: Modine Pursuing Acquisition of Barkell Limited
This Will Further Extend Modine’s Overall Business Offering in the HVAC Market
Since its founding in 1981, Barkell has focused on the custom air handling market within the U.K.
“Acquiring Barkell helps us expand both our product line and our sales channel in the U.K.,” said Matt McBurney, Modine’s vice president, Commercial Products Group. “In addition, this acquisition will help us build on Modine’s success in the growing data center air conditioning market by providing innovative solutions, including adiabatic cooling.”
Barry Phillips, Barkell’s co-founder and director, said, “I am incredibly proud of the business we have built at Barkell and am confident that Modine is the right partner to help us bring the Barkell business to the next level while at the same time maintaining the culture of excellence and customer service for which Barkell is known.”
“Everyone at Modine is excited about the opportunities Barkell and Airedale can bring to each other,” said Clive Parkman, managing director for Modine’s Airedale subsidiary. “We have been working together for a number of years and are pleased we are moving forward with this next step. With a focus on the air handling market, Barkell offers Airedale — and thus Modine — an excellent opportunity to expand both our product and service solutions to new and current customers.”
For more information, visit www.modine.com.
Publication date: 9/23/2013