Deal announced Jul 2021 · Atlanta Verified
Rheem announces intent to acquire Friedrich Air Conditioning from Monomoy Capital Partners
Rheem announced its intent to acquire Friedrich Air Conditioning from PE owner Monomoy Capital Partners, pending regulatory approval. Friedrich will become a standalone business unit within Rheem Global Air.
“ATLANTA —Rheem has announced its intent to acquire Friedrich Air Conditioning from Monomoy Capital Partners.”
Entities
Friedrich Air Conditioning · Target Monomoy Capital Partners · Sponsor Rheem · Acquirer
HVAC Sentiment: Positive
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