# Ouellet Group acquires Innovair Corporation

Ouellet Group Inc. acquired 100% of the shares of Innovair Corporation, a manufacturer and distributor of ductless air conditioning and heating units, as of July 12, 2021. The acquisition expands Ouellet's reach into the U.S. and Latin America.

- Type: Acquisition
- Announced: 2021-07-12
- Where: Miami, Florida, United States
- Status: completed
- Products: ductless air conditioning and heating units
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Ouellet Group](https://endata.com/companies/56863.md) (acquirer)
- [Innovair Corporation](https://endata.com/companies/56864.md) (target)

## Sources

- [acrlatinoamerica.com](https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/16620-ouellet-group-is-the-new-owner-of-innovair-corporation.html), 2021-08-03: "As of July 12, 2021, Ouellet Group Inc. owns 100% of the shares of Innovair Corporation, which specializes in the sale of residential and commercial ductless air conditioning and heating units."

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