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Divestiture May 2017 Verified

National Coil Co. divests Eubank Wallmount to realign on refrigeration

National Coil Co. sold the Eubank Wallmount business to Marvair to realign its resources and strengthen its market position in refrigeration.

“In order to further enhance NCC’s strong market position in refrigeration, the sale of Eubank allows NCC the opportunity to realign its resources.”

Entities

Marvair · Acquirer National Coil Co. · Target
HVACRefrigeration Sentiment: Neutral
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.