# Rheem acquires Friedrich Air Conditioning from Monomoy Capital Partners

Rheem acquired Friedrich Air Conditioning from Monomoy Capital Partners. The acquisition adds single-room air solutions for hospitality and multifamily housing to Rheem's portfolio.

- Type: Acquisition
- Announced: 2021-10-13
- Where: United States
- Status: completed
- Products: single-room air conditioners
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Monomoy Capital Partners](https://endata.com/companies/6266.md) (investor)
- [Rheem](https://endata.com/companies/9618.md) (acquirer)
- [Friedrich Air Conditioning](https://endata.com/companies/56624.md) (target)

## Sources

- [achrnews.com](https://www.achrnews.com/articles/145626-rheem-executive-explains-strategy-behind-friedrich-acquisition), 2021-10-13: "The acquisition of Friedrich supports our evolution into new product categories and brings another well-respected brand into our Rheem family."

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