Nortek Will Pay Approximately $260 Million in an All-Cash Transaction
March 24, 2014
Nortek Inc., a global diversified manufacturer of heating and cooling products, ventilation products, and more, announced that it has signed a definitive agreement to acquire the HVAC business of Thomas & Betts Corp., a wholly owned subsidiary of ABB.
With a MERV 11-15 performance rating, the MicroMAX EDGE all-synthetic, durable minipleat panel filter’s design allows for lower energy costs as pressure drops remain low for longer periods, the company said.
The EMI Enviroair Series of single- and multi-zone residential ductless split systems features an inverter-driven compressor, which adjusts speed to reduce cycling and better maintain comfort.