Pentair plc completed its approximately $1.4 billion acquisition of Taco Group Holdings, a maker of hydronic and water-based pumps, valves and controls for HVAC, plumbing and industrial markets, on October 1, 2026.

Pentair agreed to acquire Taco, which will join its Water Solutions segment and keep the Taco brand, with a significant presence in Cranston, Rhode Island. The deal is aimed at high-growth North American end-markets.

Pentair agreed to acquire Cranston, Rhode Island-based Taco Group Holdings, maker of pumps, valves, tanks and heat exchangers, in a deal valued at about $1.4 billion. Closing is expected in Q4 2026, and Pentair says Taco will operate as a stand-alone business.

Pentair plc agreed to acquire Taco Group Holdings, a hydronic and water-based HVAC solutions maker based in Cranston, Rhode Island, for about $1.4 billion, subject to customary adjustments, announced 28 July 2026.

SPX Technologies completed its acquisition of Crawford United, a Cleveland-based holding company, for an aggregate transaction value of about $300 million. The air-handling segment joins SPX's HVAC business, and non-core aerospace and transportation units are being sold.

Bessemer Investors has completed the sale of Leonard Valve Company, a Cranston, Rhode Island maker of water temperature control valves and mixing systems, to A. O. Smith Corporation. The deal was first agreed in November 2025.

A. O. Smith signed a definitive agreement to acquire LVC Holdco LLC, parent of Leonard Valve of Cranston, Rhode Island, for $470 million all-cash, subject to adjustments, with closing expected in Q1 2026.

Aspen Pumps Group acquired Malco Tools, Inc., a Minnesota manufacturer of tools for the HVAC and building construction industries. Malco becomes the North American headquarters of Aspen, and its CEO takes over as CEO of Aspen Pumps Group North America.

Emerson announced on August 13, 2024 that it completed the sale of its remaining 40% interest in the Copeland joint venture to private equity funds managed by Blackstone, in a transaction valued at approximately $3.5 billion.

Vessco Water, based in Minneapolis, acquired G.A. Fleet Associates, a New York distributor of pump and process treatment equipment for municipal water and HVAC equipment for commercial markets, based in Rye Brook, New York.

American Event Services closed its acquisition of Riverview, Florida-based Canariis Corporation, a maker of packaged HVAC, plumbing and fire-protection systems. Canariis becomes a wholly owned subsidiary of AES.

Johnson Controls announced its acquisition of M&M Carnot, a maker of CO2-based industrial refrigeration equipment with low GWP, based in Annapolis, Maryland and Trois Rivières, Quebec. Announced June 2023.

Blackstone funds completed the acquisition of a majority stake in Emerson's Climate Technologies business, valued at $14.0 billion, which will be renamed Copeland. Emerson receives about $9.7 billion in upfront proceeds and keeps 40% common equity.

Canadian HVAC-R distributor The Master Group announced the acquisition of Refrigeration Sales Corporation (RSC), an Ohio-based distributor serving Ohio and Western Pennsylvania. RSC will keep operating independently under its current management team.

AE Industrial Partners signed a definitive agreement to sell portfolio company Resolute Industrial, a North American provider of specialty HVAC&R rental services and compressor remanufacturing, to Aggreko for a transaction value of $440 million on a cash-free, debt-free basis.

Lancaster-based private equity firm Peak Capital acquired Penn Pump & Equipment, a Hatfield manufacturer and distributor of plumbing and HVAC pumping products, as reported on October 31, 2022.

Blackstone agreed to acquire a majority stake in Emerson's climate technologies unit, which makes Copeland compressors, in a deal valuing the business at about $14 billion, with Emerson receiving about $9.5 billion in pretax proceeds and keeping a 45% stake.

CAREL Industries, via a subsidiary, signed a binding agreement to acquire the business of SENVA Inc., a Beaverton, Oregon maker of sensors for HVAC and indoor air quality. Closing is expected by end of October 2022.

Armstrong International completed its acquisition of Leslie Controls' control valve and steam water heater business during Q3 2021. The deal expands Armstrong's product range and global channel network.

Spanish company Oliva Torras has acquired 100% of BSI, which designs and makes compressor mounting equipment for refrigerated vehicles and buses near Dallas, Texas. BSI has about 50 employees and annual sales of about 10 million euros; the price was not disclosed.

Fluidra completed the acquisition of substantially all assets of Built Right, a heat pump manufacturer in Punta Gorda, Florida. Built Right will continue to operate from its headquarters.

Cummins-Wagner finalized its acquisition of F.R. Mahony & Associates, a Rockland, Massachusetts water and wastewater manufacturer's representative and distributor, effective October 29, 2020. All FRMA employees transferred to Cummins-Wagner's employee stock ownership plan.

Trane Technologies spun off its industrial business, which combined with Gardner Denver to form the new Ingersoll Rand in a deal valued at $15 billion; the transaction has been completed.

Alfa Laval acquired Niagara Blower Company, a Buffalo, New York maker of engineered-to-order heat transfer products such as air-cooled heat exchangers, on May 29, 2013. The company has about 120 employees.

JB Industries, an Aurora, Illinois maker of HVAC/R tools, has completed its acquisition of C&D Valve of Oklahoma City, Oklahoma. Both brands will continue to operate independently.

Johnson Controls announced it acquired Synchrony, a Roanoke, Virginia developer of active magnetic bearing technology, from Siemens Gas and Power. The deal closed November 1, 2019 and will improve its centrifugal chiller products.

Engineered Specialty Products (ESP) announced the acquisition of Weksler Glass Thermometer Corporation (WGTC), a provider of industrial and bimetal thermometers for the HVAC market, mainly in the Eastern U.S.

Ingersoll Rand agreed to merge its air compressor, pumps, and fluid and materials handling business with Gardner Denver, spinning off its industrial business. The climate solutions business will receive $1.9bn in cash from the merger financing.

Elliott Group completed the merger of Ebara International Corporation, based in Sparks, Nevada, with its Jeannette, Pennsylvania operations, effective from 1 April 2019. Cryodynamics cryogenic pumps are now made at Elliott's Jeannette factory.

CEO Viren Patel completed the acquisition of Fluid Energy Controls, a City of Industry, California maker of custom accumulators and fluid power distributor, effective April 1 (2019).

China's Sanhua Holding Group acquired American Tubing International, a Springdale, Arkansas maker of copper tubing for air conditioning and refrigeration, in July 2018. Financial terms were not disclosed.

Oklahoma-based Kelvion bought Rocore Group, whose Knoxville plant had shut in 2015, in 2018. Kelvion reopened the plant as an HVAC factory.

EVAPCO Inc. acquired Alcoil USA LLC, a York, Pennsylvania maker of micro-channel and brazed aluminum heat exchangers, forming EVAPCO Alcoil, Inc. which will operate from the existing Alcoil site.

Resolute Industrial, a Wheeling, Illinois-based HVAC and compressor equipment rental company backed by One Equity Partners, completed its acquisition of Detroit-based Tioga HVAC Rentals. Terms were not disclosed.

Spirax-Sarco Engineering agreed to acquire US-based thermal technologies company Chromalox from Irving Place Capital for a cash-free, debt-free consideration of US$415 million.

Carrier Enterprise, a Watsco-Carrier joint venture, acquired a 35% ownership stake in Russell Sigler, Inc., a western U.S. HVAC distributor with about $650 million in annual sales, for approximately $63.6 million in cash.

Spirax-Sarco Engineering agreed to buy Pittsburgh-based thermal technology company Chromalox from Irving Place Capital for $415 million on a cash-free, debt-free basis, financed by new bank debt. Chromalox has five manufacturing facilities across North America, France and China.

A company backed by Permira funds signed a definitive agreement to acquire Atlanta-based DiversiTech, a manufacturer and supplier of HVACR aftermarket components, from an affiliate of The Jordan Company. The senior management team will remain significant owners.

Keihin IPT Mfg, LLC completed its acquisition of Keihin Aircon North America, Inc. from Keihin Corporation and others in April 2017, after agreeing the deal on February 21, 2017.

BITZER, the refrigeration compressor maker, announced the acquisition of ElectraTherm, a Reno, Nevada company making Organic Rankine Cycle waste heat to power generators. The deal gives BITZER a US subsidiary entry into the waste heat to power market.

Sparta, Wisconsin-based Multistack LLC has acquired Germantown, Wisconsin-based Desert Aire Corp., a maker of commercial and industrial humidity and climate control systems. Desert Aire will operate as a wholly owned subsidiary.