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Deal closed Sep 2024 · USA Verified

Madison Industries' prior 2021 acquisition of Nortek

Background ownership history: Nortek was acquired by Madison Industries in 2021 and relaunched as NGH in 2022, prior to the announced sale to Rheem.

“Nortek was acquired by Madison Industries in 2021 and relaunched as NGH in 2022.”

Entities

Madison Industries · Acquirer Nortek Global HVAC · Target
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.