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Add-on acquisition Sep 2019 · Ontario, Canada Verified

Trane acquires Arctic Chiller Group

Trane, a business of Ingersoll Rand, acquired Arctic Chiller Group, a Canadian HVAC chiller manufacturer; the value was not disclosed or material.

“Trane, a provider of indoor comfort systems and services and a business of Ingersoll Rand, announced that it has acquired Arctic Chiller Group, a Canadian-based HVAC manufacturer, specializing in high-efficiency air- and water-cooled magnetic bearing, modular and process chillers for commercial HVAC and process cooling applications.”

Entities

Arctic Chiller Group · Target Ingersoll Rand · Parent Trane · 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.