Consolidation trend Sep 2009
Editor notes contractors acquiring struggling competitors amid downturn
ACHR News editor Peter Powell describes a story on HVACR contractors acquiring struggling contractors during the recession as a growth strategy, noting one contractor has been especially aggressive and that a number of contractors have taken the same acquisition route in recent years.
“While the one contractor noted earlier has been rather aggressive in this approach, I know there are a number of contractors who have also gone the acquisition of struggling company route in recent years as well.”
HVACRefrigeration
Source: www.achrnews.com
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