Consolidation trend Feb 2016
RectorSeal's fifth acquisition since 2011
The Universal Technologies deal is described as RectorSeal's fifth acquisition since 2011, with several other recent product-line and brand acquisitions, indicating a serial acquirer/roll-up pattern.
“The Universal Technologies transaction is RectorSeal’s fifth acquisition since 2011 when it acquired Airtec. Other recent acquisitions include Resource Conservation Technologies, Glue-On-Nozzle, SureSeal®, and the Evo-Crete™ and PolySlab™ brands from Australian-based Evolve Group.”
Entities
RectorSeal · Acquirer
HVACRefrigeration
Source: www.achrnews.com
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