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Deal closed Aug 2021 Verified

Rheem acquires Friedrich Air Conditioning

Rheem acquired Friedrich Air Conditioning, describing growth by acquisition as part of its ongoing strategy to expand its air conditioning offerings and presence in hospitality and multi-family segments.

““Growth by acquisition is part of our ongoing strategy,” said Chris Peel, president and CEO at Rheem.”

Entities

Friedrich Air Conditioning · Target Rheem · Acquirer
HVAC Sentiment: Positive
Source: www.achrnews.com

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