# 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.

- Type: Acquisition
- Announced: 2017-03-01
- Where: Toronto, Canada, Canada
- Value: $2.10B (2.82B CAD)
- Status: completed
- Products: heating, ventilation and air conditioning equipment rental and service
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Cheung Kong Property Holdings Ltd](https://endata.com/companies/22535.md) (acquirer)
- [Reliance Home Comfort](https://endata.com/companies/22536.md) (target)
- [Alinda Capital Partners](https://endata.com/companies/22537.md) (investor)
- [Alinda Capital Partners](https://endata.com/companies/22537.md) (partner)

## Sources

- [torys.com](https://www.torys.com/work/2017/03/027aa5fb-4a25-44f3-8887-cc8f41c07f08), 2017-03-01: "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."
- [newswire.ca](https://www.newswire.ca/news-releases/reliance-to-be-acquired-by-cheung-kong-property-holdings-limited-617774603.html), 2017-03-31: "We are thrilled to have CKP as our new investment partner."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.