Mergers & Acquisitions - News

Automated Logic - Canada, Ltd., a major provider of innovative building-management solutions and a part of Carrier Global Corporation, global pioneer in intelligent climate and energy solutions, announced that it has acquired Control Solutions, Ltd. (CSL), an independent provider of integrated building-automation systems headquartered in Coquitlam, British Columbia. The transaction establishes ALC’s first company-owned controls field office in Vancouver, significantly expanding its intel...

mSupply, a pioneering North American distributor of appliance, HVAC and plumbing parts and equipment, is pleased to share that Paul Ellis has joined its ranks as Vice President of Commercial Operations. With more than 15 years of industry experience, Paul Ellis is leading the company's customer relationship management system, overseeing development of its self-service branch program and managing oversight of its sales systems. That includes sales training, analytics and reporting, along with in...

Infinitum, creator of the sustainable air-core motor, announced the appointment of Vikas Desai as Chief Commercial Officer. Vikas will oversee Infinitum’s commercial efforts and revenue growth. Vikas brings three decades of customer-focused leadership experience to Infinitum, having built and scaled multiple global businesses across the solar energy and technology sectors. Prior to joining Infinitum, Vikas served as Chief Commercial Officer of Maxeon Solar Technologies, where he oversaw...

Carrefour announces that it has entered into exclusive negotiations with NewPrinces Group regarding the sale of all its operations in Italy. This transaction is part of the strategic review initiated by Carrefour at the beginning of the year. Carrefour Italy (“the Company”) operates a multi-format network of 1,188 stores (including 41 hypermarkets, 315 supermarkets, 820 convenience stores and 12 cash & carry outlets), and generated gross sales of €4.2bn in 2024, r...

Intelligent power management company - Eaton announced that Gerald Johnson has been elected to the company’s Board of Directors effective July 23, 2025. Gerald Johnson is the retired Executive Vice President (EVP), Global Manufacturing and Sustainability, of General Motors, where he led the company's global manufacturing operations, labor relations, and sustainable workplace practices. Roles of increasing responsibility Over the course of his career, spanning more than 40 years at GM, h...

Nidec Global Appliance (GA) announces that its brand Embraco, a global provider of refrigeration technology for the residential and commercial cold chain, will significantly expand its product offerings. As part of GA’s growth strategy, the company has acquired the scroll compressors manufacturer Xecom, and this acquisition extends Embraco’s capabilities to the heating and air conditioning (HVAC) markets while broadening its presence in the refrigeration segment, solidifying its pos...

Following the decisions of the French Competition Authority (Autorité de la concurrence – ADLC) approving Carrefour’s acquisition of the Cora and Match banners in France, the Provera purchasing group, and 27 Casino stores, and in line with its commitments to the ADLC, the Group announces the signing of two agreements for the sale of 9 stores located in areas identified by the ADLC. These include 5 Carrefour hypermarkets (of which 3 former Cora stores and 1 a former Casino sto...

The Malco Group, a pioneering manufacturer and distributor of professional-grade HVACR and building construction products in the Americas, is proud to announce the acquisition of Veto Pro Pac, a pioneering maker of high-quality tool storage solutions. This strategic move further strengthens The Malco Group’s growing portfolio of brands serving skilled trade professionals across the Americas. functionality and vertical storage Veto Pro Pac was founded in 2002 by Roger Brouard, a carpente...

Percheron Capital ("Percheron"), a private equity firm focused on partnering with high-quality essential services businesses, announced the launch of its commercial HVAC service platform in partnership with industry veteran Katrina Liddell. The platform is actively establishing partnerships with top-performing commercial HVAC companies that prioritize world-class customer service, technical expertise and a values-driven culture rooted in teamwork and employee development. Percheron's commercia...

The Malco Group, a pioneering manufacturer and distributor of professional-grade HVACR and building construction products in the Americas, is proud to announce the acquisition of Veto Pro Pac, a leading maker of high-quality tool storage solutions. This strategic move further strengthens The Malco Group’s growing portfolio of brands serving skilled trade professionals across the Americas. Building construction professionals Veto Pro Pac was founded in 2002 by Roger Brouard, a carpenter...

Carrefour and Coopérative U have decided to join forces to establish a European buying alliance called Concordis. This new alliance aims to increase the purchasing competitiveness of its partners by pooling volumes, ultimately benefiting consumers. The new alliance will operate under a dual scope: negotiating purchase prices and offering international services. It will engage with multinational suppliers of branded consumer goods in the European countries where Carrefour and Coop&...

REHAU UK has announced the promotion of Steve Richmond to Sales & Marketing Director for the Building Solutions division. Steve, who joined REHAU in 2006 as a Commercial Graduate Trainee, has steadily progressed through the company over the past 19 years and takes this new post, following the retirement of Colin Pearson after 27 years of dedicated service.  Steve and Colin have always worked closely, but to ensure a smooth transition, in addition to his day-to-day responsibilities...

Trinity Hunt Partners, a growth-oriented private equity firm, is pleased to announce a majority investment in Blackhawk Supply, a specialty distributor of heating, ventilation, and air conditioning (HVAC) parts, with a focus on maintenance, repair, and operations products. This investment establishes the foundation for Trinity Hunt's HVAC distribution platform, which will draw on the firm's extensive industry experience and proven buy-and-build strategy to create a national pioneer in the highl...

Malco Tools, one of the nation’s pioneering solution developers and manufacturers of high-quality tools for the HVAC and building construction trades, announces it has been recognized by the Star Tribune as a Top Workplace, ranking #70 among midsized companies in Minnesota. This marks the second consecutive year and fourth time overall that Malco has received this distinction. Top Workplaces Top Workplaces recognizes pioneering companies in Minnesota based on employee opinions measuring...

Hive has announced that pioneering technology company - Samsung is now part of the Works With Hive network. From now, Samsung Wi-Fi-enabled heat pump owners will be able to control their devices and gain insights through the Hive App, alongside any other Hive or Works With Hive devices that they own. Carbon footprint and costs Lisa Bunting, Head of Works with Hive, commented: "At Hive, we’re always looking for ways to make it easier for our customers to save energy, reducing their carbo...

Service Experts has unified its four centers in Dallas-Fort Worth – Levy & Son, Stark Services, Calverley, and Crawford Services – under its flagship brand, Service Experts. One of the renowned residential HVAC service companies in the U.S., Service Experts’ more than 4,000 people serve 2,500 homes and businesses daily for everything from heating and air conditioning to indoor air quality, plumbing, electrical and other specialized home services. Its area centers have...

QuickFitting®, a pioneering innovator in plumbing and HVAC connection technology, announces the addition of two veteran sales professionals who will deepen regional coverage as the company introduces a wave of new solutions to market. Mike Foster joins QuickFitting as West Regional Sales Manager. Foster brings more than 25 years of outside‑sales success with major HVAC manufacturers, recognized for building distributor relationships and mentoring teams across the western United States. New...

Madison Industries, one of the world’s largest privately held companies, announced the successful acquisition of Research Products Corporation (RPC), a pioneer in innovative indoor air solutions for both residential and commercial environments. RPC will become a part of Madison Air’s premier platform of air quality solutions. Madison Air was established under the visionary leadership of Madison Industries Founder and CEO Larry Gies, with a mission to make the world safer, healthier...

Blue Point Capital Partners and its portfolio company, Pinnacle MEP, announced the strategic acquisition of Hammans Electric, Inc., a licensed electrical contractor with more than 30 years of experience in commercial and industrial services throughout the Indianapolis area. This is the second transaction for the Pinnacle platform in partnership with Blue Point since the firm’s initial investment last year, and the fifth Indianapolis-based add-on overall, bringing the total number of inv...

Malco Tools, one of the nation’s renowned solution developers and manufacturers of high-quality tools for the HVACR and building construction trades, celebrated its 75th anniversary on May 17, 2025, with a ribbon-cutting ceremony and open house at its newly remodeled building in Annandale, MN. The celebration was attended by Malco employees, Annandale community members, local dignitaries, and representatives from the U.S. Senate, Wright County, and the City of Annandale, which officially...

Aeroseal’s year began with an extraordinary recognition: being named Cleantech Company of the Year as part of the prestigious 2024 Global Cleantech 100. Out of 25,435 nominations spanning over 65 countries, Aeroseal stood out as the top-scoring company in North America—a remarkable achievement that earned us this distinguished award. This recognition isn’t just about Aeroseal’s proven technology; it reflects the real, measurable impact they are making on the world&rsquo...

REHAU UK’s building solutions division has appointed Jack Trivett to Area Sales Manager for the Southwest of England and the South of Wales, focused on their pre-insulated pipe systems in a move to support the growing district heating market. Jack is already an experienced Area Sales Manager, with a successful history of working with stakeholders on commercial projects. He joined REHAU in September 2020 as a Product Management Assistant, following the completion of his Business Informatio...

GF Building Flow Solutions Americas, the manufacturer of Uponor-branded products, has announced John Reutter as President. John joined the organization in 2018 as vice president of Finance and has been an instrumental pioneer over the past seven years. He will continue to be based out of the North America headquarters in Apple Valley, Minn., and will report to Michael Rauterkus, president and CEO of GF Building Flow Solutions. John growth strategies In his role as President, John will lead th...

Ziehl-Abegg Inc. proudly announces that Carmen Deese, Director of Human Resources, has been named one of Triad Business Journal’s Outstanding Women in Business for 2025. This prestigious recognition honors women in the Triad region who demonstrate exceptional leadership, vision, and impact in their industries and communities. Ziehl-Abegg’s rapid growth Deese was formally honored at a ceremony held on April 23, 2025, where she joined a distinguished group of professionals recognize...

Burnham Holdings, Inc. (BHI), parent company to pioneering manufacturers of boilers and related HVAC products and accessories, announced its decision to divest substantially all of the assets of its Thermo Pride (TP) and Norwood Manufacturing (NMI) business subsidiaries. This strategic move aligns with the holding company’s long-term vision to strengthen its core boiler business while expanding its commercial and industrial rental and service operations. Comprehensive boiler solutions T...

Carrefour announced its decision to raise its offer to acquire all outstanding shares of its subsidiary, Grupo Carrefour Brasil ("Carrefour Brazil"). Minority shareholders are now offered the following options in exchange for their shares:  8.50 Brazilian reais (R$) in cash per Carrefour Brazil share (vs. R$7.70 previously)  1 Carrefour share1 for every 9.96 Carrefour Brazil shares (vs. 1 for 11)  A combination of the two options: R$4.25 in cash per Carrefour Brazil share pl...

NIBCO INC. has announced the promotion of Colin Crain to vice president of specialty and retail sales. In Crain’s new role, he will be responsible for managing all aspects of both retail and specialty channels at NIBCO while creating and implementing a strategic growth plan and developing talent. Crain will report to Joe Choflet, vice president of sales and marketing. Prior roles of Crain Crain brings 28 years of experience in the industry to this new role. He joined NIBCO in Decem...

A-Gas, a world pioneer in environmentally responsible lifecycle refrigerant and fire suppressant management, acquired Refrigerant Services Inc. (RSI), a recognized brand in the Canadian refrigerant industry. The acquisition, finalized in late March 2025, further solidifies A-Gas' position as a world pioneer in the supply and lifecycle management of refrigerants and associated products and services. Strengthening Commitment It ensures that customers receive the maximum value and benefit of lif...

CDP, a non-profit organization that holds the world’s largest, most comprehensive dataset on environmental action, has selected Nidec Corporation as a 2024 A List Company. By scoring companies, cities, states and regions, CDP incentivizes and guides them on a journey towards leadership on environmental transparency and action. Global Sustainability Commitment Nidec considers contributing to a sustainable global environment as one of its key goals As a company that operates globally, Ni...

Baxi is encouraging social housing providers to ensure they have robust clean heat strategies in place for both new build and refurbishment projects following funding announcements in the Spring Statement. The call follows the government’s allocation of £2 billion to support the development of 18,000 new affordable homes, half of which is allocated for social housing. Sustainable social Housing Social Housing Fund in place to retrofit existing social housing and improve energy eff...