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Deal closed May 2022 · Canada / global Verified

TICA completes acquisition of Smardt Chiller Group

TICA completed its acquisition of the oil-free centrifugal chiller maker Smardt Chiller Group and announced expansion of the group's global manufacturing facilities.

“TICA has completed its acquisition of the Smardt Chiller Group and announced the expansion of the group’s global manufacturing facilities to further support Smardt’s work in the oil-free centrifugal chiller category.”

Entities

Smardt Chiller Group · Target TICA · Acquirer
HVAC

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.