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Reedy Industries Acquires Springfield´s AIRmasters
Tuesday 13 August 2019

13 August 2019 - Illinois, US-based HVAC and mechanical services company Reedy Industries has acquired the assets of Illinois-based AIRmasters, a provider of heating, cooling, refrigeration and sheet metal, to expand HVAC service offerings into central Illinois, the company said.
Terms of the transaction were not disclosed.
AIRmasters is the third acquisition for Reedy Industries in 2019. Over the last three years, Reedy Industries has acquired ten mechanical services companies.
Reedy Industries serves critical environments in the commercial and industrial market spaces by focusing on HVAC and mechanical services and solutions.
Reedy Industries is actively expanding the services it provides within the building envelope and is doing so through both organic and acquisition-related means.
AIRmasters is a mechanical service contractor that services cooling, heating, refrigeration and ventilation equipment; and has a sheet metal fabrication shop.
Details
Date Published: 13/08/2019
Target: AIRmasters
Country: USA
Sector: Construction/Real Estate
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Reedy Industries
Comment:
Terms of the deal were not disclosed

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