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Consolidation trend Jul 2024

Fragmented HVAC industry seen as inevitably consolidating

Hoover frames consolidation of the fragmented HVAC industry as inevitable, having happened in other industries repeatedly.

““I don't know if it's so much good or bad as it is inevitable that such a fragmented industry as ours will be consolidated to some extent. It's happened in other industries over and over, and I think it'll continue to happen,” Hoover said.”
HVAC Sentiment: Mixed

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