Deal closed Oct 2021 · San Antonio
Friedrich to operate as stand-alone business within Rheem
Rheem's Global Air president states Friedrich will continue under its existing name and leadership as the newest member of the Rheem family of brands, indicating a buy-and-hold integration rather than a wind-down.
“Friedrich Air Conditioning Company will operate as a stand-alone business under its existing name and leadership as the newest member of the Rheem family of brands.”
Entities
Friedrich Air Conditioning · Subsidiary Rheem · Parent
HVAC Sentiment: Positive
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