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Movers & Shakers www.mechanicalbusiness.com
Dow and DuPont Announce Merger
Eemax Now a Rheem Subsidiary
The Dow Chemical Company aand DuPont—both manufacturers of refrigerant and glycol—have aannounced they are combining their businesses into DowDuPon nt in an all-stock merger of equals. DowDuPont intends to separatee its business into three distinct companies. The merger is expeccted to close in the second half of 2016.
Rheem has purchased Eemax, a manufacturer of electric tankless water heaters. The company is now part of Rheem’s water heating division and will act as a wholly owned subsidiary of Rheem. rheem.com eemax.com
dow.com dupont.com
JCI and Tyco Announce Merger Johnson Controls and Tyco, a provider of fire and security systems, have entered into a merger agreement. The combined businesses will operate under the name Johnson Controls plc. The deal is expected to close by the end of 2016. johnsoncontrols.com tyco.com
Yorkland Controls Acquires Wiles-Legault Yorkland Controls has acquired Wiles-Legault, an Ottawa-based wholesaler of HVAC/R control parts and systems. Wiles-Legault will become a business unit of Yorkland Controls and remain under the leadership of Ron Gravelle. yorkland.net
wiles-legault.com
Pentair Acquires Erico Pentair has purchased Erico Global Company, a manufacturer of electrical and fastening products for mechanical applications. Erico has 1,200 employees in 30 countries. pentair.com
Honeywell Picks Up Elster Honeywell has purchased the Elster Division of Melrose Industries. Elster is a manufacturer and supplier of thermal gas solutions for commercial, industrial and residential heating systems. The deal closed on December 29, 2015. honeywell.com elster.com
Vision Gets New Owner Component Hardware Group has acquired Ontario-based Specialty Food Service Hardware and its sister company, Vision Parts & Accessories, Inc. componenthardware.com visionparts.ca
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Wolseley y Expands p in Edmonton Wolseley has opened a new plumbing and HVAC/R branch in downtown Edmonton, located at 10523 108 St. NW. The new facility carries Wolseley’s full suite of plumbing and HVAC/R products. Pictured above: branch manager Mitch Decoteau with counter salesperson Allison Schuh. wolseleyinc.ca
Powrmatic Relocates Ottawa Branch Powrmatic has relocated its Ottawa branch to 1412-B, Star Top Road, near Highway 417 and Cyrville Road. The branch can be reached by phone at 613-230-7160, or by fax at 613-230-0685. powrmatic.ca
Panasonic to Buy Hussmann Panasonic is acquiring 100 per cent of the shares of Hussmann Corporation, a manufacturer of refrigerated display cases and systems. Hussmann will act as the base of Panasonic’s food distribution business in North America, with the Hussmann brand continuing to be used. The deal is expected to close on April 1, 2016. panasonic.com hussmann.com
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