A family-owned business founded in 1945, Giant markets its water heaters under the Giant brand and employs more than 300 people, primarily in Canada. Giant manufactures water heaters at two facilities in Montreal and sells water heating products across Canada. The addition of Giant to A. O. Smith’s existing water heater operations enlarges the company’s presence in the Canada water heater market, which is characterized by a high percentage of replacement demand.
Winsupply has completed the purchase of Clinton, Iowa-based HVAC distributor Clausen Supply. Clausen Supply is one of the best-established HVAC distributors in the eastern Iowa region. The previous owner, Jon Clausen, will be exiting the company immediately after close.
Rinnai America announced the acquisition of Industrias MASS, a leader in the commercial water heater market in Mexico. This acquisition marks the first by Rinnai America Corporation and follows the launch of its Strategic Business Initiative announced earlier this year, meant to accelerate the company’s presence via acquisitions and partnerships.
Dakota Supply Group (DSG) announced the acquisition of Montana Waterworks & Irrigation (MTWW) in an asset purchase effective September 1. Montana Waterworks is a waterworks distributor serving Eastern Montana from its Billings location. This will be DSG’s first waterworks location in the state.
Rheem has announced its intent to acquire Friedrich Air Conditioning, a 138-year-old manufacturer of premium air conditioning products, from Monomoy Capital Partners.
Core & Main announced it has entered into a definitive agreement to acquire Pacific Pipe Company, based in Hawaii. The acquisition would mark Core & Main’s 14th transaction since becoming an independent company in August 2017.
Winsupply has completed the purchase of Simon’s Supply Co. Simon’s Supply is one of the oldest and most established plumbing and heating distributors in Southeastern Massachusetts and adjacent Rhode Island.
Dakota Supply Group (DSG) announced the acquisition of Calverley Supply Co. in an asset purchase effective July 1. Founded in 1974, Calverley Supply is a second-generation, family-owned distributor of HVAC equipment and supplies with seven locations across Michigan.
Munch’s Supply has acquired Marks Supply, including its Watermarks division, nine branches, three retail plumbing showrooms and two distribution centers servicing the province of Ontario, Canada.
