The company, based in Sanford, Florida, employs 32 people and offers high-quality products and innovative, user-friendly software solutions for the design and operation of pressure boosting systems.
Rheem has announced its intent to acquire Friedrich Air Conditioning, a 138-year-old manufacturer of premium air conditioning products, from Monomoy Capital Partners.
Franklin Electric announced it has acquired New Aqua and its wholly owned subsidiaries, headquartered in Indianapolis, Indiana in an all-cash transaction valued at $150 million, subject to customary adjustments.
The acquisition of Slant/Fin baseboard assets brings together a major business component of two family-run companies who have always focused on consistently manufacturing and delivering superior quality, solutions-based hydronic heating equipment to residential and commercial customers across North America.