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Consolidation trend Apr 2024

Trolex acquires Zonex Systems, merging two oldest zoning-damper makers

Trolex Corporation (parent of the ZoneFirst brand) acquired Zonex Systems, merging two of the oldest manufacturers of zoning dampers and control systems and increasing Trolex's share of the commercial zoning market.

“acquisition of Zonex Systems”

Entities

Trolex Corporation · Acquirer ZoneFirst · Mentioned Zonex Systems · Target
HVACOther
Source: www.achrnews.com

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.