Trane acquires CALMAC Corporation

Trane (an Ingersoll Rand commercial HVAC business) acquired CALMAC Corporation, a maker of IceBank thermal energy storage tanks. Value undisclosed. Strategic equipment-manufacturer acquisition, not a PE home-service roll-up.

“Trane has acquired CALMAC Corporation, a privately held company specializing in cool energy technologies including IceBank® storage tanks. The value of the acquisition was not disclosed.”

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