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Nanjing Tica Environmental Technology acquired SMARDT, a Canadian leader in magnetic bearing centrifugal chillers, to enhance its HVAC offerings with a focus on lowest life-cycle cost.
TICA (Tianjia Environment) announced the acquisition of SMARDT, the global leader in magnetic bearing (oil-free) centrifugal chiller (OFC) central air conditioning systems. The acquisition was signed on October 10, 2018.