Rheem to acquire Friedrich Air Conditioning from Monomoy Capital Partners

Rheem announced its intent to acquire premium room air conditioning manufacturer Friedrich Air Conditioning from private equity owner Monomoy Capital Partners; Friedrich will become a stand-alone unit within Rheem Global Air, subject to regulatory approval.

“Rheem has announced its intent to acquire Friedrich Air Conditioning, a 138-year-old manufacturer of premium air conditioning products, from Monomoy Capital Partners.”

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