Rheem to acquire Friedrich Air Conditioning from Monomoy Capital Partners

Rheem announced its intent to acquire premium room air conditioning maker Friedrich Air Conditioning from PE owner Monomoy Capital Partners; the deal is subject to regulatory approval and Friedrich will become a stand-alone unit within Rheem Global Air.

“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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