Add-on acquisition Nov 2017
Trane acquires CALMAC Corporation (ice/thermal energy storage)
Trane (parent Ingersoll Rand) acquired CALMAC Corporation, a maker of IceBank thermal energy storage tanks, to broaden its energy-efficient commercial HVAC portfolio. Value not disclosed.
“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.”
Entities
CALMAC Corporation · 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.