Rinnai America announced the acquisition of Industrias MASS, a leader in the commercial water heater market in Mexico. This acquisition marks the first by Rinnai America Corporation and follows the launch of its Strategic Business Initiative announced earlier this year, meant to accelerate the company’s presence via acquisitions and partnerships.
Dakota Supply Group (DSG) announced the acquisition of Montana Waterworks & Irrigation (MTWW) in an asset purchase effective September 1. Montana Waterworks is a waterworks distributor serving Eastern Montana from its Billings location. This will be DSG’s first waterworks location in the state.
Rheem has announced its intent to acquire Friedrich Air Conditioning, a 138-year-old manufacturer of premium air conditioning products, from Monomoy Capital Partners.
Core & Main announced it has entered into a definitive agreement to acquire Pacific Pipe Company, based in Hawaii. The acquisition would mark Core & Main’s 14th transaction since becoming an independent company in August 2017.
Winsupply has completed the purchase of Simon’s Supply Co. Simon’s Supply is one of the oldest and most established plumbing and heating distributors in Southeastern Massachusetts and adjacent Rhode Island.
Dakota Supply Group (DSG) announced the acquisition of Calverley Supply Co. in an asset purchase effective July 1. Founded in 1974, Calverley Supply is a second-generation, family-owned distributor of HVAC equipment and supplies with seven locations across Michigan.
Munch’s Supply has acquired Marks Supply, including its Watermarks division, nine branches, three retail plumbing showrooms and two distribution centers servicing the province of Ontario, Canada.
Franklin Electric announced it has acquired New Aqua and its wholly owned subsidiaries, headquartered in Indianapolis, Indiana in an all-cash transaction valued at $150 million, subject to customary adjustments.
