hvacrollups.com
← All signals
Consolidation trend Jul 2007

Watsco adds ACR to its roll-up of HVAC distributors

Watsco's CEO framed ACR as joining 'the stable of fine companies that comprise the Watsco family,' with ACR to operate as an autonomously managed subsidiary, reflecting Watsco's distributor-consolidation model.

““Watsco is the recognized leader in the HVAC distribution industry and we are pleased to add ACR to the stable of fine companies that comprise the Watsco family,” said Alex Trevino Jr., ACR’s chairman and CEO.”

Entities

ACR Group Inc. · Target Watsco Inc. · Acquirer
HVAC Sentiment: Positive
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.