Articles Tagged with ''acquisitions in the HVAC Industry''

Kenneth D. Goodrich, managing partner of US Peach LLC, an HVAC and plumbing service provider, recently announced the acquisition of The Honest Plumber, Heating & Air, a Las Vegas-based air conditioning, heating, and plumbing company, and Walton’s Air Conditioning, based in Corona, California.

Aggreko, a global provider of modular, mobile power and related solutions, has entered into an agreement to acquire substantially all of the assets of the equipment rental business of ICS Group Inc., a provider of portable climate control services in Canada.

ClimeCo Corp. has announced its acquisition of Environmental Credit Corp., expanding its position as a top provider of voluntary carbon credits under the Climate Action Reserve.

Aggreko, a global provider of modular, mobile power and related solutions, has entered into an agreement to acquire substantially all of the assets of the equipment rental business of ICS Group Inc., a provider of portable climate control services in Canada.

Kenneth Goodrich, CEO of US Peach LLC, a provider of HVAC and plumbing services under multiple brands, has announced the turnaround and sale of one of its portfolio companies, Phoenix-based Sonoran Air, to Mauro Calderon.

Mitsubishi Electric Corp. has entered into an agreement to purchase from De’Longhi Industrial S.A. shares representing approximately 74.97 percent of the share capital of DeLclima S.p.A., an Italian company in the commercial air conditioning products business.

Modern Heating and Air Conditioning Inc., headquartered in Minneapolis, has been acquired by MSHC Inc., dba Service Logic, headquartered in Denver. Modern provides HVAC mechanical services for commercial, industrial, medical, retail, office, education, and government buildings. 

GDI Integrated Facility Services Inc. announced that it has entered into an agreement to acquire Ainsworth Inc., a subsidiary of CEDA International Corp. Ainsworth is a Canadian provider of a range of technical services including mechanical maintenance, HVACR, electrical, and more.

Ferguson, a major plumbing and HVACR distributor, announced that it continued its expansion with the acquisition of 13 companies in fiscal year 2015. The acquisitions were coast-to-coast encompassing multiple business types including HVAC and plumbing distributors, waterworks, and more.

Tecumseh Products Co., a leading manufacturer of refrigeration and air conditioning compressors, announced that it has entered into a definitive merger agreement under which an affiliate of Mueller Industries Inc. and Atlas Holdings LLC will acquire Tecumseh in a transaction valued at approximately $123 million.