hvacrollups.com
← All signals
Consolidation trend Nov 2005 · China

A.O. Smith continues serial roll-up of Chinese electric motor makers

The deal would be A.O. Smith's fourth acquisition of a Chinese electric motor manufacturer since 2001, indicating a sustained consolidation strategy in motor manufacturing.

“Yueyang Zhongmin would be A.O. Smith's fourth acquisition of a Chinese electric motor manufacturer since 2001.”

Entities

A.O. Smith Corp. · Acquirer
HVAC
Source: www.achrnews.com

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.