Deal announced Nov 2005 · China
A.O. Smith to acquire Chinese hermetic motor maker Yueyang Zhongmin
A.O. Smith reached a definitive agreement to acquire Chinese hermetic motor manufacturer Yueyang Zhongmin, expanding its HVACR motor capacity in Asia. Corporate strategic M&A, not a PE home-service roll-up.
“A.O. Smith Corp. has reached a definitive agreement to acquire Yueyang Zhongmin Special Electrical Machinery Co. Ltd., a manufacturer of hermetic motors located in Yueyang City, Hunan Province, China.”
Entities
A.O. Smith Corp. · Acquirer Yueyang Zhongmin Special Electrical Machinery Co. Ltd. · Target
HVACRefrigeration
Source: www.achrnews.com
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