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Consolidation trend Nov 2012

Harbour Group signals intent to roll up HVACR technology companies

Harbour Group's chairman/CEO stated the buyer sees opportunities to acquire additional HVACR technology companies to build a stronger industry leader, signaling a buy-and-build consolidation strategy in HVACR tools/technology.

“We also believe there are excellent opportunities to acquire other companies with strong technology in the HVACR industry to build an even stronger industry leader.”

Entities

Harbour Group · 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.