ABB and Thomas & Betts Corp. announced that both companies’ boards of directors have agreed to a transaction in which ABB will acquire Thomas & Betts for approximately $3.9 billion. The combination is expected to enhance ABB’s North American low-voltage products business. Thomas & Betts also offers HVAC products, new to ABB but related to its core power and automation focus.
Watts Water Technologies Inc. has announced the signing of a definitive agreement to acquire tekmar Control Systems in a share purchase transaction. The acquisition is subject to customary closing conditions.
Trimble announced that it has acquired privately-held Plancal of Horgen, Switzerland.Trimble said the acquisition of Plancal broadens its BIM to Field solutions for MEP and HVAC contractors to automate project estimating and management, modeling, detailing, layout and construction.
Siemens Industry Inc. announced that it has completed the acquisition of Pace Global Energy Services LLC, Fairfax, Va. Financial details were not disclosed.
EMCOR Group Inc. announced that it has acquired Southern Industrial Constructors Inc., an industrial services contractor, headquartered in Raleigh, N.C. Terms of the transaction were not disclosed.
Direct Energy, parent company of Clockwork Home Services, has reached an agreement to acquire Home Warranty of America (HWA), a leading supplier of whole home protection plans across the United States.
John C. Flood Inc. has announced the acquisition of Ronnie Outlaw LC of Arlington, Va. According to the company, John C. Flood will offer more than heating and air conditioning services to Ronnie Outlaw’s customers including plumbing, electrical, bath and kitchen remodeling, and more.
Comfort Systems USA Inc., a leading provider of commercial, industrial, and institutional HVAC services, announced that it has acquired a majority interest in Environmental Air Systems (EAS), headquartered in Greensboro, N.C.
Panasonic Corp. of North America announced that the Kennesaw, Ga.-based HVAC Products Group of Sanyo North America Corp.’s Commercial Solutions Division was officially integrated into Panasonic’s North American operations on Oct. 1.