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Apr 19, 2021ACQUISITIONUnited States Melrose Industries to sell Nortek Air Management to Madison Industries for $3.625B
Melrose Industries agreed to sell its Nortek Air Management business, comprising GHVAC and AQH segments, to Madison Industries for $3.625 billion (approx. £2.62 billion) in cash. Completion is expected in Q2 or Q3 2021.
ProductsHVAC systemsair quality solutions
“The Disposal demonstrates the strength of the Melrose strategy.”shareprices.com
- 2 sources
- shareprices.comProposed Disposal of Nortek Air Management | Regulatory News | shareprices.comApr 19, 2021
- madison.netMadison Industries Agrees to Acquire Nortek Air to Bolster Indoor Air Quality Offering - Madison IndustriesS BApr 19, 2021
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