Deal closed Dec 2023 · Calgary, Canada
Lennox acquired Arpi's Industries (1999)
In 1999, furnace manufacturer Lennox Corp. acquired HVAC service companies in Canada and the U.S., including Arpi's Industries of Calgary, a long-time Lennox dealer whose founder Arpi Berdin sold the company.
“In 1999, the furnace manufacturer Lennox Corp. was acquiring HVAC service companies in both Canada and the U.S.”
Entities
Lennox International · Acquirer Arpi's Industries · Target
HVACPlumbing
Source: HPAC Engineering, Dec 2023, p.54 (OCR)
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