CKP acquires Reliance Home Comfort for C$2.82 billion

CKP (Canada) Holdings Ltd., a subsidiary of Cheung Kong Property Holdings Ltd, completed its acquisition of Reliance Home Comfort from Alinda Capital Partners for an equity purchase price of C$2.82 billion. Reliance provides HVAC equipment rental, sale, and service to 1.7 million customers.

“On July 13, 2017, CKP (Canada) Holdings Ltd., a wholly-owned subsidiary of Cheung Kong Property Holdings Ltd ("CKP"), completed its previously announced acquisition of Reliance Home Comfort.”torys.com

• 2 sources
• torys.comCKP acquires Reliance Home Comfort | Work | Torys LLPMar 1, 2017
• newswire.caReliance to be acquired by Cheung Kong Property Holdings LimitedReliance Home ComfortMar 31, 2017

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