Add-on acquisition Nov 2017 · Fair Lawn, New Jersey, USA Verified
Trane (Ingersoll Rand) acquires CALMAC energy storage company
Trane, a brand of Ingersoll Rand, acquired CALMAC Corp., a privately held maker of thermal/ice energy storage technologies, to expand its energy-efficient systems portfolio.
“Trane®, a leading global provider of indoor comfort systems and services and a brand of Ingersoll Rand, announced that it has acquired CALMAC® Corp., a privately help company specializing in cool energy technologies including IceBank® storage tanks.”
Entities
CALMAC Corp. · Target Ingersoll Rand · Parent Trane · Acquirer
HVAC Sentiment: Positive
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.