AIAC Air Conditioning South Africa (Pty) Ltd

Activity by year

201820192020202120222023202420252026

Acquisition

Jun 11, 2018ACQUISITIONJohannesburg, South Africa, South Africa
Modine sells AIAC Air Conditioning South Africa to management team
Modine Manufacturing Company signed an agreement to sell its South African subsidiary AIAC Air Conditioning South Africa (Pty) Ltd to the existing management team led by Andrew Koeslag. The business, based in Johannesburg, manufactures precision air conditioning systems and had FY2017 sales of just under $3 million.
Modine Manufacturing Company partner AIAC Air Conditioning South Africa (Pty) Ltd target AIACSA (Pty) Ltd acquirer #HVAC and Industrial Refrigeration investors.modine.com

Acquired by

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