# AirX Climate Solutions acquires Powrmatic USA

AirX Climate Solutions, a specialty HVAC provider, acquired Powrmatic USA, a designer and manufacturer of commercial and industrial heating and cooling systems, based in Finksburg, Maryland.

- Type: Acquisition
- Announced: 2024-12-04
- Where: Finksburg, Maryland, United States
- Status: completed
- Products: commercial and industrial heating and cooling systems, OEM heat exchangers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Gryphon Investors](https://endata.com/companies/6101.md) (investor)
- [AirX Climate Solutions](https://endata.com/companies/72904.md) (acquirer)
- [Powrmatic USA](https://endata.com/companies/81543.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/airx-climate-solutions-acquires-powrmatic-usa-302322615.html), 2024-12-04: "Powrmatic is highly complementary to the overall ACS portfolio."

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