Majority stake Closed Apr 2005
Noland Co. acquires assets of Heat-Cool Specialties in Charlotte
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Summary
Noland Co. of Newport News, Va. purchased certain assets of Heat-Cool Specialties, a one-branch wholesale distributor of heating and cooling products in Charlotte, N.C. Financial terms were not disclosed. Noland is leasing the facility, retaining many employees, and gained Ruud distribution rights in the area.