Stamm International completes final divestment with Powrmatic sale

The Powrmatic transaction represents the final divestment by Stamm International Corp., ending its 90-plus year association with the HVAC sector.

“Today’s transaction represents the final divestment by Stamm International Corp., bringing to a close an association with the HVAC sector that stretches back more than 90 years.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.