# TICA acquires SMARDT, global leader in magnetic bearing chillers

TICA (Tianjia Environment) announced the acquisition of SMARDT, the global leader in magnetic bearing (oil-free) centrifugal chiller (OFC) central air conditioning systems. The acquisition was signed on October 10, 2018.

- Type: Acquisition
- Announced: 2018-10-11
- Where: Nanjing, China (signing location), China
- Status: announced
- Products: magnetic bearing (oil-free) centrifugal chillers, central air conditioning systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [TICA](https://endata.com/companies/34832.md) (acquirer)
- [SMARDT](https://endata.com/companies/34833.md) (target)

## Sources

- [news.tom.com](https://news.tom.com/201810/4700287446.html), 2018-10-11: "天加和SMARDT的结合，一定会创造美好的明天。"

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