Nibe Industrier AB, parent company of WaterFurnace Intl. Inc., entered into a stock purchase agreement with LSB Industries Inc. to acquire 100 percent of LSB’s Climate Control Group Inc., and more.
Combination will aid customers in expanding their demand response participation
May 18, 2016
CPower announced it has acquired Johnson Controls’ Integrated Demand Resources (iDR) business. The purchase is part of CPower's ongoing efforts to expand its demand response portfolio nationwide.
American Air Filter Co. Inc., d/b/a AAF International, announced it has acquired Flanders Holdings LLC, a leading air filter manufacturer in the U.S. With this acquisition, Flanders will be integrated into AAF, with the combination creating the largest air filter company of its type in the North American and global air filtration markets, said AAF.
Acquisition includes ClimateMaster, IEC, ClimateCraft, and ClimaCool
May 12, 2016
NIBE Industrier AB of Sweden and LSB Industries Inc., Oklahoma City, announced that they have entered into a stock purchase agreement by which NIBE will acquire 100 percent of the outstanding shares of The Climate Control Group Inc. from LSB for a purchase price of $364 million.
NIBE Industrier AB of Sweden and LSB Industries Inc., Oklahoma City, announced that they have entered into a stock purchase agreement by which NIBE will acquire 100 percent of the outstanding shares of The Climate Control Group Inc. from LSB for a purchase price of $364 million, on a debt-free/cash-free basis, in cash at completion.
The acquisition marks HB McClure’s 11th since 2010
May 11, 2016
HB McClure Co., a central Pennsylvania commercial and residential mechanical contractor, has announced the acquisition of Mainhart Mechanical LLC, Dillsburg, Pennsylvania, which specializes in residential plumbing, heating, and air conditioning repair, installation, and construction services.
Combined offering brings benefits of building automation to small- and mid-sized buildings
May 6, 2016
Current, powered by GE, has announced the acquisition of Daintree Networks, a provider of building controls solutions for commercial facilities. Current said this acquisition will enable it to expand its building automation platform and its energy-as-a-service offering to small- and medium-size facilities.
American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, has acquired the assets of Unique Air Services in Bradenton, Florida.
Will utilize the acquisition to expand its commercial refrigerator and freezer business in Europe
May 2, 2016
Daikin Industries Ltd., through its subsidiary Daikin Europe N.V., announced it will acquire Zanotti S.p.A., an Italian manufacturer of commercial refrigerators and freezers. The acquisition price is 98 million euros (12.3 billion yen) for which Daikin will obtain all company shares.
The Quick-Sling line makes installation safer, quicker, and more affordable
April 27, 2016
DiversiTech Corp., a leading manufacturer and supplier of HVACR parts and accessories, announced that it has purchased Quick-Sling LLC., a manufacturer of mounting products for residential, commercial, and industrial HVAC equipment.