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Consolidation trend Dec 2020 · USA

Metal Industries COO: HVAC manufacturing has seen a great deal of consolidation

Metal Industries' COO framed the Greenheck deal against a backdrop of significant consolidation in HVAC manufacturing, saying they sought a merger partner that would let them grow without losing identity.

“HVAC manufacturing has seen a great deal of consolidation,” said David Hawkins, COO, Metal Industries. “Our interest in a merger was only with companies that would allow us to grow stronger without losing our sense of identity and Greenheck was the ideal match.”

Entities

Greenheck Group · Acquirer Metal Industries · Target
HVAC
Source: www.achrnews.com

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