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Deal closed Dec 2020 · Australia Verified

RectorSeal Australia Acquires Refrigeration Electricals

RectorSeal Australia Pty. Ltd., a subsidiary of RectorSeal LLC (itself a wholly-owned subsidiary of CSW Industrials Inc.), has acquired the assets and brand of Australia-based capacitor distributor Refrigeration Electricals. The acquisition will allow RectorSeal Australia to continue Refrigeration Electricals' business in Australia and New Zealand from its Melbourne sales offices, with inventory stocked at its Brisbane warehouse. The deal is expected to help grow RectorSeal Australia's business and expand its market reach.

“The RectorSeal Australia Pty. Ltd. subsidiary of RectorSeal LLC, a Houston-based manufacturer and distributor of quality HVAC/R, plumbing and electrical products, has acquired the assets and brand of Australia-based capacitor distribution agent Refrigeration Electricals.”

Entities

CSW Industrials Inc. · Parent Refrigeration Electricals · Target RectorSeal Australia Pty. Ltd. · Acquirer RectorSeal LLC · Parent
ElectricalHVACPlumbing Sentiment: Positive

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.