Trane Technologies to acquire AL-KO Air Technology

Trane Technologies signed an agreement in principle to purchase AL-KO Air Technology, a German air-handling-unit division of AL-KO SE, expected to close by year-end. ~800 employees and three manufacturing sites in Germany and China would join Trane.

“Trane Technologies, a global climate innovator, announced that it has signed an agreement in principle to purchase AL-KO Air Technology, a division of AL-KO SE, based in Jettingen-Scheppach, Germany.”

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