Majority stake Announced Jul 2021 · Closed Aug 2021 Verified
Rheem to acquire Friedrich Air Conditioning from Monomoy Capital Partners
Relationship map
Parties
Parties
Market signals
Market signals
Summary
Rheem announced its intent to acquire premium room air conditioning manufacturer Friedrich Air Conditioning from private equity owner Monomoy Capital Partners; Friedrich will become a stand-alone unit within Rheem Global Air, subject to regulatory approval.