# Ingersoll Rand to acquire CALMAC through Trane subsidiary

Ingersoll Rand, through its subsidiary Trane, agreed to acquire CALMAC, a US manufacturer of thermal energy storage products. The deal was initiated by a phone call in late July 2016.

- Type: Acquisition
- Announced: 2016-07-31
- Where: Fair Lawn, New Jersey, United States
- Status: announced
- Products: thermal energy storage products, IceBank air-conditioning solution
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Trane](https://endata.com/companies/1904.md) (acquirer)
- [Ingersoll Rand](https://endata.com/companies/1905.md) (acquirer)
- [CALMAC](https://endata.com/companies/27945.md) (target)

## Sources

- [axial.net](https://www.axial.net/forum/the-sale-of-calmac-to-trane-us/), 2017-12-05: "I had gotten three calls a week [from investors] for the past 10 years inquiring to buy my business, but this buyer had never called."

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