# Tica acquires SMARDT, a magnetic bearing chiller leader

Nanjing Tica Environmental Technology acquired SMARDT, a Canadian leader in magnetic bearing centrifugal chillers, to enhance its HVAC offerings with a focus on lowest life-cycle cost.

- Type: Acquisition
- Announced: 2019-02-22
- Where: Nanjing, China
- Status: announced
- Products: magnetic bearing centrifugal chillers, central air conditioning systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [SMARDT](https://endata.com/companies/34833.md) (target)
- [Nanjing Tica Environmental Technology](https://endata.com/companies/37548.md) (acquirer)

## Sources

- [ce.cn](http://www.ce.cn/cysc/newmain/yc/jsxw/201902/22/t20190222_31543342.shtml), 2019-02-22: "2月22日，天加并购SMARDT全球战略发布会暨中央渠道峰会在南京召开"

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