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Elgin signs agreement to acquire Heatcraft do Brasil · Endata

◂ Announcements

Apr 26, 2018ACQUISITIONBrazil

Elgin signs agreement to acquire Heatcraft do Brasil

Elgin S.A. announced a binding agreement to acquire Heatcraft do Brasil, a manufacturer of condensers, evaporators, compressor racks, remote condensers and refrigeration monoblocks, from Lennox International. The transaction value was not disclosed and is subject to approval by Cade.

Status

Announced

Productscondensersevaporatorscompressor racksremote condensersrefrigeration monoblocks

CompaniesLennox International partner Elgin acquirer Heatcraft do Brasil target

Sectors#HVAC and Industrial Refrigeration

“Estamos muito confiantes com esta aquisição, cujo maior objetivo é oferecer um crescimento sustentável para esta união entre ambas as empresas.”revistadofrio.com.br

2 sources
revistadofrio.com.brElgin assina acordo para comprar Heatcraft do Brasil – Revista do FrioMarcioApr 26, 2018
fusoesaquisicoes.comElgin assina acordo para comprar Heatcraft do Brasil - Portal Fusões & AquisiçõesPortal de Fusões e AquisiçõesApr 28, 2018

Summarized from public sources; check the original articles before acting on it.

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